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Mortgage applicants who wanted to make a down payment of less than 20% of the purchase price were often denied a loan.
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Posted on: 12th Nov 2013
Lenders are easing loan demands on wealthy borrowers as home prices rise!
http://www.marketwatch.com/story/for-down-payments-15-is-the-new-20-2013-11-11?siteid=yhoof2
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