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Glossary of Terms > N > No Money Down Mortgage

No Money Down Mortgage

A home loan in which 100 percent of the property is financed. In other words, none of the buyer's own money is used as a down payment, and the entire house or condo is mortgaged.

N Terms

Negative Amortization

Negative Amortization Cap

Negative Points

No Change Scenario

No Cost Mortgage

No Doc Loans

No Money Down Mortgage

Non-Conforming Mortgage

Note