Combo/Piggyback Mortgage Loan Types: This type of mortgage financing consists of two loans: a first mortgage and a second mortgage. The mortgages can be adjustable-rate mortgages or fixed-rate or a combination of the two. Borrowers take out two loans when the down payment is less than 20% to avoid paying private mortgage insurance.
Moderate Rehab Loan – Freddie Mac Multifamily – Freddie Mac's Moderate Rehab Loan provides the capital you need to. During renovation, the loan can be an interest-only floating-rate. Property Types. .
How Hard Money Loans Benefit Real Estate Investors – A hard money loan is a type of short-term real estate financing that allows investors. Not all hard money loans need to be used for rehab properties. Often, however, hard money is used to purchase.