What Does 100 Financing Mean When Buying A House [95% Secure]

Some state or local programs provide a "silent second" mortgage that covers your down payment, effectively creating 100% financing even if the primary loan (like an FHA loan) requires a deposit. The Trade-offs

It sounds like a dream, but there are a few things to keep in mind: what does 100 financing mean when buying a house

While most standard loans ask for 3% to 20% of the price upfront, 100% financing allows you to keep your savings intact for things like furniture, repairs, or an emergency fund. How do you get it? Some state or local programs provide a "silent