HOW 80 LOAN CAN SAVE YOU TIME, STRESS, AND MONEY.

A piggyback loan is two home loans: A conventional mortgage that’s Generally a hard and fast-amount loan plus a 2nd mortgage that’s frequently an interest-only dwelling fairness line of credit score. The second loan supplies Portion of the down payment on the 1st loan.You could be capable of pay off the second home loan whenever you refinance.