|
 |
|
|
 |
|
|
 |
100% Financing No Down-payment Mortgage |
|
100% Financing Mortgages have become a popular choice for financing a home. |
|
100% Home Purchase Mortgage |
|
|
|
| Advantages to 100 percent financing: |
 |
No Cash needed for down payment |
|
Don't need to liquidate stocks and other investments |
|
Borrower may want to finance as much as possible for tax deduction purposes |
|
|
| Requirements for 100 percent financing: |
|
Property must be owner occupied |
|
Fico Score 620 |
|
Debt ratios of 45 or less |
|
| |
|
|
|
|
