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What is a PiggyBack?

April 26, 2017piggyback

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What is a PiggyBack?

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“; var u=”http://interestalert.com/story/12010000aaa0678c.ar/real-estate/A1REALES/real_estate.html”; var w=””; var scrn1 = “Send this page to a friendSend this page to a friendYour Name:Your Email address”; var scrn2 = ” Friend’s Name: Friend’s Email Address”; var scrn3 = “”; var scrn4 = “”; ow=window.open(“”, “subwin”, “height=400,width=410,toolbar=no,scrollbars=no,menubar=no”); ow.document.write(scrn1 + scrn2 + scrn3 + scrn4); ow.document.write(” message: ” + t + ” ” + w); ow.document.ef.MyName.focus(); ow.document.ef.MyName.select(); ow.document.close(); } What is a PiggyBack? What is a PiggyBack? To understand what a “piggyback” loan is, you must first know what a second mortgage is. A second mortgage is a loan with rights that are subordinate to a first mortgage. So, for instance, if a person has two mortgages on a home that he wants to sell, the first mortgage gets paid off before the second mortgage. A “piggyback” loan is the term used by mortgage lenders when referring to a sec