No Down Payment Mortgage Options
Programs that let you buy with nothing down.VA Loans
$0 down for eligible veterans, active-duty, and surviving spouses. No PMI. Consistently the best rates and terms available.
USDA Loans
$0 down in eligible rural and suburban areas. Income limits apply (generally 115% of area median income).
Down Payment Assistance
State and local programs offer grants and forgivable loans covering 3-5% of the purchase price.
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Zero Down Payment
Frequently Asked Questions
What are the drawbacks?
Higher monthly payments, more total interest, starting with no equity, and potentially higher rates.
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Get pre-approved and see your options today.