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A Guide To Zero Down Or 100% Mortgages

By admin on October 9, 2010

100% mortgages have become very popular these days. The main benefit of 100% mortgages is that the borrower will not be required to put down a deposit. This can allow people with only a small amount of savings, such as first-time buyers, the opportunity to buy a property they want. Essentially 100% of the value [...]

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Understanding Zero Down or 100% Mortgage Loans

By admin on June 3, 2010

100% mortgages are mortgages that require no deposit, means the loan-to-ratio of the mortgage is 100%. These are sometimes offered to first time buyers, but almost always carry a higher interest rate on the loan. Normally when a bank lends customer money they want to protect their money as much as possible; they do this [...]

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