Are no money down conventional loans possible?

More info need to address your specific scenario, but in general.. No.. the only Zero Down loan is VA (you must have VA benefits available to you) and USDA (property must be in a defined USDA area).. other than that, all conforming loan programs require borrower contributions.. There might be some local grant programs which will give you the funds for a down payment.. some grant programs require repayment unless you live in the property for a certain period of time.. and other programs don't require repayment at all.. But understand that most all grant programs have maximum income limits.. if you make too much, then you wont qualify for the grants.. If none of these are options for your scenario, then for first time home buyers, you can do 3% down, otherwise, it's 5% down.. FHA only requires 3.5% down, but they have a low maximum loan amount.. so that might not work within your scenario either. I'm a preferred Lender with Arizona and California being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893