Is it possible to still get a 100 % mortgage if so how hard is it to get one?

They no longer exist.Is it possible to still get a 100 % mortgage if so how hard is it to get one?
The simple answer I'm afraid is no. The banks and building societies have had their fingers well and truly burned on that one. About the best you can hope for now is a 90% mortgage but even these are pretty rare and the interest rates not so good. If you can afford to put down between 25-40% you will have access to the best deals.





To answer your new question - really you would need a minimum deposit of 拢20,000 to put down.Is it possible to still get a 100 % mortgage if so how hard is it to get one?
I think the dude above me has an imaginary friend....3% over 15 years for $250,000? No way man, there is is no freaking way...not even for someone with credit over 750. Mine is roughly 730, and the best I could get for $210,000 was 5.5% for 30 years. If you don't believe me ask any homeowner what their interest rate is...NOBODY will say below 4.





That site sounds like a scam to me.





Sorry to say though, if you live in California or Florida, you can kiss equity goodbye, they are the two leading states for negative equity right now, as reported by Foxnews.com
This is the UK site, and you seem to be getting US answers.......


In the UK., since the ';credit crunch';disaster, it is almost impossible to get a 100% mortgage. You would be unwise to do so, because interest rates will rise again, over the coming years, meaning higher monthly repayments.
Absolute maximum 90% these days with a very small number of lenders. eg C%26amp;G or Halifax. Expect to pay around the 7% mark.


The general rule is the bigger the deposit the better the rate etc.


Suggest you get independent mortgage advice.