FHA or VA Piggybacks

Piggybacks are typically 2nd mortgages…which are none of the above.  Can you ask the question a different way so we know what you are looking for?    

2nd’s were typically used for concurrent loan closings to facilitate less than 20% down purchases.  80/20’s and 75/25’s were very popular, offering a good rate on the 1st mortgage, and a not so bad rate on the 2nd. 

There is no Mortgage Insurance for the piggyback….they took their premium through a higher rate/fee in lieu of MI.

Hope that helps, if not, please reply with a more detailed question!