Piggyback Loans: How to Avoid PMI
You can eliminate PMI payments without a traditional 20% down payment. Piggyback loans offer the best of both worlds — but at a cost.
Debt.com strives to provide our users with helpful information while remaining unbiased and truthful. We hold our sponsors and partners to the highest industry standards. Once vetted, those sponsors may compensate us for clicks and transactions that occur from a link within this page.
Just give us your email and we’ll send you the guide now!
Thank you for requesting the guide. Please check your inbox!By submitting this form you will also be subscribed to our newsletter to get the latest articles, financial tips, tools, giveaways and advice delivered right to your inbox. Privacy Policy
Ben Mizes is the co-founder and CEO of Clever Real Estate, the free online service that connects you with top agents to save thousands on commission. He’s an active real estate investor with 22 units in St. Louis and a licensed agent in Missouri. Ben enjoys writing about real estate, investing, personal finance, and financial freedom.
You can eliminate PMI payments without a traditional 20% down payment. Piggyback loans offer the best of both worlds — but at a cost.
9 minute read
Whether you’re buying a new home or have already paid yours off entirely, you’re going to have to pay property taxes.
6 minute read
Splitting up doesn’t have to mean selling the family home. Here’s how to decide if selling is the right choice (and an alternative if it isn’t).
4 minute read
Own a home? The equity can be tapped to finance things like college, major renovations and repairs, or even to invest in other properties. Increasing your home equity will increasing your borrowing power with HELOCs and home equity loans.
6 minute read
Balloon mortgages can help homebuyers work around high mortgage rates and make buying a home more affordable. Here’s how to tell if they’re right for you.
5 minute read
Rent-to-own homes can be a great solution for homebuyers with low or no credit — but they can backfire if you don’t know what to expect.
4 minute read
Americans are turning to mortgage buydowns to make buying a home more affordable, but paying for a lower interest rate isn’t always a great idea.
10 minute read
Want to keep your house during a divorce? Buy out your ex. The cost is based on home equity, but the actual process isn’t always straightforward.
4 minute read
Buying a home can be difficult as it is, but it can be particularly challenging while going through a divorce. Learn what to consider and what to avoid.
9 minute read
There are several options for handling shared marital property during a divorce. Here’s what they are…
10 minute read
This website is intended for informational purposes and as a reference tool to match consumers with companies that may be able to assist them.View our Advertising Disclosures here