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Some brokers used to joke that all borrowers needed were a pulse. Rumor has it that some brokers even got loans approved for dead people.

After the last boom things didn't really go back to the way they were. No doc loans virtually disappeared and low doc loans are very rare still. Believe it or not there were 100% loans back then too - in fact I think a few went higher. After the bubble burst it was just a few lenders at 95% but...