(1) The "piggyback loan," in which a combination of an 80% first and a 20% second mortgage eliminates the need for any down payment while preventing the bank from requiring you to pay mortgage insurance.

(2) The "option ARM" home loan now goes to 95% ( with an 80% 1st mortgage and 15% 2nd mortgage) Borrower can pay less than the interest due for a limited number of monthly payments but the lender adds to the principal balance of the loan. (negative amortization.)

(3) The FHA home loan allows borrowers with poor credit to only to invest 3% into the down-payment (FHA charges Mortgage insurance premium)