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80-10-10 MORTGAGE LOAN [1 record]
Record 1 - internal organization data 2007-10-26
Record 1, English
Record 1, Subject field(s)
- Real Estate
- Banking
- Loans
Record 1, Main entry term, English
- piggyback mortgage loan
1, record 1, English, piggyback%20mortgage%20loan
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
- piggyback mortgage 2, record 1, English, piggyback%20mortgage
correct
- piggyback loan 3, record 1, English, piggyback%20loan
correct
- piggy-back mortgage 4, record 1, English, piggy%2Dback%20mortgage
correct
- 80-10-10 loan 3, record 1, English, 80%2D10%2D10%20loan
correct
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
A piggyback mortgage loan is a second loan that closes at the same time as the first mortgage loan. Typically the first mortgage loan is only 80 percent of the home value. ... A piggyback loan is usually for 10 percent of the remaining balance, after that the purchaser has to come up with the rest as a down payment. 5, record 1, English, - piggyback%20mortgage%20loan
Record number: 1, Textual support number: 2 CONT
Homeowners who don't have 20 percent for a down payment and don't want to pay PMI can opt for a piggyback loan, which is essentially a home equity loan that funds a portion of the down payment. 6, record 1, English, - piggyback%20mortgage%20loan
Record number: 1, Textual support number: 3 CONT
The disadvantage of a piggyback loan is that it could take as long as 10 years to pay off your second loan. 6, record 1, English, - piggyback%20mortgage%20loan
Record number: 1, Textual support number: 1 OBS
Piggyback mortgages are also called 80-10-10 loans 5, record 1, English, - piggyback%20mortgage%20loan
Record 1, Key term(s)
- piggy-back loan
- piggy back loan
- piggy-back mortgage loan
- piggy back mortgage
- 80-10-10 mortgage loan
- 80-10-10 mortgage
- eighty-ten-ten mortgage loan
- eighty-ten-ten mortgage
Record 1, French
Record 1, Domaine(s)
- Immobilier
- Banque
- Prêts et emprunts
Record 1, Main entry term, French
- prêt gigogne
1, record 1, French, pr%C3%AAt%20gigogne
masculine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
Les prêts gigognes occupent également une part du marché importante aux États-Unis, surtout parce qu'ils sont exempts de primes d'assurance hypothécaire. 1, record 1, French, - pr%C3%AAt%20gigogne
Record number: 1, Textual support number: 1 OBS
D'après les recherches effectuées, il s'agit de deux prêts hypothécaires qui se composent ainsi : l'un représente 80% de la valeur de la maison, l'autre 10 % auquel s'ajoute un apport de 10%. Ce type de prêt est souvent appelé «prêt 80-10-10» ou «prêt 80-15-5». L'emprunteur, par conséquent évite ainsi de payer l'assurance hypothécaire privée (PMI). 2, record 1, French, - pr%C3%AAt%20gigogne
Record 1, Key term(s)
- prêt 80-10-10
- prêt 80-15-5
- prêt quatre-vingt-dix-dix
Record 1, Spanish
Record 1, Textual support, Spanish
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