Want To Buy A House With No Money Down May 2026

: Reserved for military service members, veterans, and eligible surviving spouses. No Down Payment : Finance up to 100% of the home's value.

Two main federal programs allow you to finance , meaning no cash down payment is required. want to buy a house with no money down

: State and local agencies offer grants or forgivable loans to cover the 3%–3.5% required by FHA or conventional loans. : Reserved for military service members, veterans, and

: Many lenders accept scores starting at 580–620 . : State and local agencies offer grants or

: "Free money" that doesn't need to be repaid (e.g., Bank of America's Home Grant offers up to $7,500).

: You can negotiate for the seller to pay your closing costs (typically 3%–5% of the loan amount), which significantly reduces your initial cash need.

: Financing 100% of the home means a larger loan balance and higher monthly interest costs.