: Insured by the government, these allow for a down payment as low as 3.5% with a credit score of 580 or higher. If your score is between 500 and 579, you may still qualify with a 10% down payment.

Buying a home as a low-income earner is achievable through a variety of government-backed programs that offer lower down payments, interest subsidies, and flexible credit requirements.

These nationwide programs are designed to lower the barriers to entry for low-to-moderate-income families.