What is a piggyback loan? Question 12 options: ...
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Finance
What is a piggyback loan?
Question 12 options:
| A loan from a single lender broken into three or more parts. |
| A loan from a first lender which is added to (piggybacked) by a loan from a second lender. |
| A loan wherein the second loan has no collateral. |
| Any loan that is considered a second loan to the purchase money mortgage. |
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