100 percent mortgage rates have always been a slight area of contention. One train of thought is that the property is secured and the lender will therefore get their payment or the property back and so the risk is minimal, and therefore the interest rates should be on par with their credit score.

A Lenders View Of 100 Percent Mortgage Rates

Another thought process is that with 100 percent mortgage rates, the mortgage company is bearing all the risk, and in order to set off this level of risk, they have the right to demand a higher level of interest rate on the repayment amount, therefore increasing the APR to offset their increased exposure.

Which opinion do you have? it will probably be influenced in some way as to which side of the fence you are sitting on, if you are a lender, then you may well expect and anticipate increased 100 percent mortgage rates.

A Buyers View Of 100% Mortgage Rates

Whereas if you are a first time home buyer, you may well expect to get the best mortgage deal on your 100 percent mortgage rates and repay the lowest mortgage repayments that you can satisfactorily find.