In the latest effort by home lenders to push the loan-to-value envelope, a group of companies has created a zero-down-payment loan intended exclusively for retirement plan participants. this week kicked off Mortgage Acceptance Program, or Map100. Designed by Chambers, Dunhill, Rubin & Co., a Beverly Hills, Calif., investment banking firm, the loan requires no down payment so long as the borrower can produce documentation of an employer-sponsored retirement plan such as 401(k) savings.

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