: State Housing Finance Agencies (HFAs) like CalHFA offer "silent second" mortgages or grants that cover down payments and closing costs.
: Backed by the U.S. Department of Veterans Affairs , these are available to active-duty service members, veterans, and eligible surviving spouses. how to buy a house with no savings
: Includes an upfront 1% guarantee fee and a small annual fee added to monthly payments. 2. Down Payment Assistance (DPA) & Grants : State Housing Finance Agencies (HFAs) like CalHFA
: No down payment, no monthly private mortgage insurance (PMI), and competitive interest rates. : Includes an upfront 1% guarantee fee and
: The U.S. Department of Agriculture guarantees loans for low-to-moderate-income buyers in designated rural and some suburban areas.
: Allows for 1% down, with the lender providing a 2% grant to reach the 3% requirement. 4. Strategies to Eliminate Upfront Costs 7 Ways to Buy a House With No Money Down in 2026
: Large tech, healthcare, and education employers sometimes offer grants (up to $25,000) or matching programs for employees buying near their workplace. 3. Low-Down Payment Alternatives