An 80/10/10 piggyback loan is a type of loan that involves getting two mortgages at once: One is for 80% of the home’s value and the other is for 10%. The piggyback strategy lets you avoid ...

With a piggyback loan, you take out one larger mortgage and a second smaller one. Funds from the second mortgage go toward your down payment, which can result in better terms on the first mortgage.

If you’re considering buying a home and you already own one, a piggyback loan may be a viable option. However, taking on a second mortgage isn’t for everyone. Related: Grant Cardone ...

Piggyback mortgages — those involving a first and second lien at origination — are on the rise among first-time and low- to moderate-income borrowers who face affordability challenges.

Donation Options Search Search Search PiggyBack Network co-founder and CEO Ismael El-Amin drives his car behind a Chicago Public Schools bus in October as he takes three children — his daughter ...