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Are piggy back loans better if you rollover payment when paid off?

by HeydarSalamat886 from Waukesha, Wisconsin. Apr 21st 2014 Reply


Jericho Cherry (Jerichocherry)
#54 ranked lender in Virginia - 1,107 contributions

I need more information in order to answer the question.

Apr 21st 2014
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,843 contributions

I'm not sure what you are asking, but I'd like to help you answer the question. Visit www.WI-MortgageBroker.com

Apr 22nd 2014
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

I'm not sure what your question is .. Piggy back loans are usually amortized along with the remaining payments and balance, so if you purchase a property for $100K where seller is willing to finance you, and there's an underlying $80K loan with 18 years remaining, then your payment amortization will coincide with 18 years reaming... But I'm not sure what you mean by "rollover payment when paid off".. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Apr 22nd 2014
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Jarrod McOmie (Jarrod)
#13 ranked lender in Utah - 120 contributions

I would be happy to answer your question, however I will need more information. Please provide me with any additional details that you have and I would be more than happy to help. Have a great day!

Apr 21st 2014
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