What is a 103% mortgage?
Posted on October 18th, 2006 by Financial Diva
We have all heard of mortgages where they lend you 100% of the total house purchase price. But a 103% mortgage? This is something that is fairly new where not only will they give you the full mortgage price (meaning no deposit required) but they will also give an additional 3% to cover […]
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Filed under: Mortgages