Definition of "100% Loan"

James Spiech real estate agent

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Investors Real Estate

A loan with no down payment.

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Popular Mortgage Terms

Same as term housing expense. The sum of the monthly mortgage payment, hazard insurance, property taxes, and homeowner association fees. Housing expense is sometimes referred to as PITI, ...

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To define a home equity line of credit, we can also take a look at how credit cards work. Similarly to credit cards, home equity lines of credit are sources of funds that can be accessed ...

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