[Phantom Lord]

100% loans are OK in certain circumstances. One example is if you have cash but would rather keep your money in the bank for a rainy day, or investments, etc. This way if you do get in a bind, you can use that cash to either get by, or pay down the loan to sell it if values have declined

Yep. But often, with the rate increase associated with an 80/20 I would just run a 2nd behind the purchase and they get their down payment back but still get the primo rate on the 1st.

[RockinRight]

Very true, and I've done that too. Often I'll do that if they haven't sold the other house, and plan to pay off the 20% when their other house sells.