Are 100% mortages gone?

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Are 100% mortages gone? I have a friend who wants to buy his first home an is finding it hard to find a bank that will offer a 100% mortgage. In Credit Asked by menuman 1 answer (0 videos \| 0 audios) 245 Views 1 month ago Resolved Email to Friends Add to Favorites Question Badge Use this Answers.ie question badge in blogs, websites, forums. Copy and paste the HTML below:

Are 100% mortages gone?

I have a friend who wants to buy his first home an is finding it hard to find a bank that will offer a 100% mortgage.

In Credit Asked by menuman

1 answer (0 videos | 0 audios) 245 Views 1 month ago

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I don't think they are gone but banks are more cautious on who they lend money to. The credit crunch is also having an effect as the banks have less access to credit. Answered by ledlo 1 month ago Rate Now: Average Rating: 0.00 / 0 ratings Answered by ledlo 1 month ago

I don't think they are gone but banks are more cautious on who they lend money to. The credit crunch is also having an effect as the banks have less access to credit.

Answered by ledlo 1 month ago

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