Low Down Payment Home Loans

Or you can find down payment assistance programs that could allow you to buy a home with no money down. USDA and VA loans require zero down payment. FHA and Conventional loans need just 3.5% or less down, but 100% of the down payment can be a gift. This would make it possible to buy a house with no money down.

FHA Loans. Low down payment of 3.5%; No maximum income/earning limitations; Fixed-rate loans are available and the maximum loan amounts vary by county; This loan requires life of loan mortgage insurance; Apply now VA Loans. Up to 100% financing-with as little as zero down payment for qualified borrowers; fixed-rate loans available

1St Time Home Buyer Mortgage Calculator Is There Help For First Time Home Buyers First Time Home Buyers’ Program. Exclusive to British Columbia, the First Time Home Buyers’ Program is intended to exempt first-time buyers from one of the major costs associated with the purchase of your first home: the property transfer tax. The program reduces or eliminates the amount owing for tax, depending on certain qualifications.