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July 21, 2006
100% Mortgage with its Merits and
A 100% mortgage is not devoid of demerits. For this mortgage, you may be charged a high rate; so, it will cost you more than other kind of mortgages. Then, in case property price falls in future, you will be in a position of negative equity. 100% mortgage also necessities a mortgage indemnity guarantee, it is favourable for the lender
From 100% Mortgage with its Merits and
Posted by Mel at July 21, 2006 11:54 AM
