These are the most common entry points for buyers who haven't saved a full 20% down payment.
: Some conventional loans only require 3% down if you're a first-time buyer. 2. Zero Down Payment Options programs to help buy a house
Finding the right program can turn homeownership from a "maybe someday" into a "right now" reality. Depending on your background, job, or location, there are several heavy-hitters you should know about. These are the most common entry points for
If you qualify for these, you can skip the years of saving for a down payment entirely. Zero Down Payment Options Finding the right program
Certain careers or life situations open doors to specific grants.
: HUD offers a massive 50% discount on the list price of homes in "revitalization areas" for teachers, law enforcement officers, firefighters, and EMTs.
: For homes in eligible rural and suburban areas. These offer 0% down for buyers who meet specific income requirements. 3. Occupational & Specialized Programs