Quote:
Originally Posted by NoSoup
Additionally, in order no obtain financing without credit history, you typically have to be in a very, very good position financially speaking - a very large downpayment and significant liquid cash is almost always required....
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Just out of curiousity: by today's standards, does the old standard 20 percent down count as a "very large" downpayment? Because if it does, mortgage lending has gone to hell...