Back into 2008, we had a lot of the 100% funding, no cash off, 580 credit ratings
Back into 2008, we had a lot of the 100% funding, no cash off, 580 credit ratings Steve O: 6:56 Are there particular marketplace or specialities which might be a great deal more planning to choose to create a no-doc mortgage loan? Jackie Barikhan: Really don't think we'll get that once more since these variety of funds, even though income actually part of the picture, FICO is very important, deposit is very important. So even though it sounds like the latest said income financing of 2008 and prior to, its a special creature since it is borrowing-determined, its down-payment-passionate. You might pick property and no currency down, while didn't have for very good borrowing. Not a great idea. Jackie Barikhan: Ok, thus antique mortgages is for people who have had…