Key takeaways. 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%.

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: These Will Be ...

The data shows that after including the piggyback loans, FHA borrowers reached a loan-to-value (LTV) ratio of 1.022 while conventional borrowers had an LTV of 1.0, meaning they are left with zero ...