Will a lender do a Zero down payment if the LTV is low enough?

[Jordan Archer]

I want to know if a conventional lender would ever do a Zero downpayment loan if the Loan to Value was low enough? 

For example: If I have a 100k (as-is value) property under contract for 50k, so 50% LTV, would a conventional lender ever waive the down payment requirement due to the amount of equity in the property?

Has anyone had this happen?

[Wayne Brooks]

 No....they an ltv based the Lower of the purchase price or the appraisal.