5 mortgages that require no down payment or a small one. offers 100 percent financing to qualified members who buy primary homes.. there’s an annual premium of 0.8 percent of the mortgage.
. introduced a downpayment assistance program that will enable qualified first-time homebuyers the opportunity to finance up to 100 percent of the purchase price of their first home. MassHousing.
The last 100% mortgage was withdrawn from the market in 2008 and for years it seemed that the concept that had left so many homeowners with negative equity was extinct. By 2015, though, a new wave of 100% mortgages had emerged. Yet these no-deposit home loans are very different beasts from the previous incarnation of 100% mortgages.