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03-16-2009, 01:46 PM
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Is no down payment still an option on a...
...mortgage if the purchase price is well below the value of the house? I am planning on purchasing a house for investment purposes and want to get the mortgage with no down payment because I want to use the cash I have for improvements on the residence. With the new regulations, is that still possible since the purchase price is well below the appraised value of the house?
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