100% Mortgage

Business, Legal & Accounting Glossary

Definition: 100% Mortgage

100% Mortgage

Quick Summary of 100% Mortgage

A type of loan on a piece of real estate property whereby the borrower receives an amount that is 100 percent of the value of that property, therefore allowing the buyer to purchase that property with no down payment. This, however, will also result in the buyer having no immediate equity in the property.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
100% Mortgage. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 04, 2021 https://payrollheaven.com/define/100-mortgage/.
Chicago Manual of Style (CMS):
100% Mortgage. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/100-mortgage/ (accessed: December 04, 2021).
American Psychological Association (APA):
100% Mortgage. PayrollHeaven.com. Retrieved December 04, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/100-mortgage/

Definition Sources

Definitions for 100% Mortgage are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th November, 2021 | 0 Views.