HomeSite MapCompareFinanceDebtCasino One hundred percent mortgageThe mortgage definition for One hundred percent mortgage:A loan for the full cost of the home you are buying if are unable to raise a deposit to buy a property. You may have no existing equity, no savings, be using up all you do have on the other costs of the move, or perhaps be saving what you do have so that you can fix up your new home when you do buy it. Similar MatchesAssumable mortgageAssumable mortgageA mortgage that can be transferred to another borrower. Balloon mortgageBalloon mortgageA mortgage in which monthly installments are not large enough to repay the loan by the end of the term. As a result, the final payment due is the lump sum of the remaining principal. Biweekly mortgageBiweekly mortgageA mortgage that requires payments every two weeks and helps repay the loan over a shorter term. Further SuggestionsBlanket mortgageBuy down mortgage Cap & collar mortgage Capped rate mortgage Cashback mortgages Chattel mortgage Cooperative mortgages Click to compare definitions of One hundred percent mortgage Click to view definitions beginning on |