piggyback loans: Piggyback Loans in Baton Rouge Stage a Comeback
- 03/31/14 08:50 PM
It’s another aftereffect of the rise in housing prices: piggyback loans in Baton Rouge are making a comeback. According to a recent American Bankers Associations Report, the number of piggyback loans originated across the nation more than doubled within the past year. This is important information for Greentrails, Shadowbrook Lakes, Shenandoah, Springlake at Bluebonnet, Santa Maria, and other developments in The Greater Baton Rouge Area. Use our interactive real estate search engine to find your perfect Baton Rouge home. A piggyback loan involves taking out two mortgages simultaneously, with a home equity loan (aka “second mortgage”) ‘piggybacking’ on a first … (0 comments)
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