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What Is a Piggyback Loan (80/10/10) and When Does It Make Sense?

June 10, 20266 min read

Mortgage

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Bluefield Realty Group, LLC, Bluefield Insurance Group, LLC, Bluefield Mortgage Group, LLC, and Bluefield Holdings, LLC are wholly-owned subsidiaries of Bluefield, LLC. Real estate brokerage, property management, and HOA services are provided by Bluefield Realty Group, LLC. Insurance services are provided by Bluefield Insurance Group, LLC. Mortgage services are provided by PrimeLending, a PlainsCapital Company (NMLS13649) doing business as “Bluefield Mortgage Group” under a name rights licensing agreement with Bluefield Mortgage Group, LLC. The Real Estate Settlement Procedures Act (RESPA) requires that disclosure be provided whenever a settlement service provider refers the consumer to a provider with whom the referring party has an ownership or other beneficial interest. Because of the relationships outlined above, a referral from one of the aforementioned companies to another provides a direct financial benefit to the parent company, Bluefield, LLC. You are not required to use the services of any of the providers listed above as a condition for utilizing the services of any of the other affiliated companies. There are frequently other settlement service providers available with similar services, and you are free to shop around to determine that you are receiving the best services and the best rate for those services. All of the Bluefield companies abide by Federal, State, and local equal housing opportunity laws, including but not limited to the Federal Fair Housing Act. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but not guaranteed. Nothing herein shall be construed as legal, accounting, or other professional advice outside the scope of our specific licenses.