lowest down payment

USDA and VA will allow 100% financing...if the property is not located in a USDA eligible zone and if you aren't a veteran then FHA is next best. FHA allows up to 96.5% LTV and you can roll closing costs into the loan if it appraises high enough to allow that to happen.

Travis is 100% on the money

USDA & VA are 100% financing, (USDA only lends in USDA approved areas), HomePath homes require 3% down and are only available on HomePath homes, HUD Homes can be purchased for $100 down, but again, only available on specific homes and in specific areas as well. There are also local grant programs where the down payment can be gifted to you through a non-profit agency. The best way to find out if these are available in your area is to contact a full time real estate agent. They should be on top of all the current Down Payment Assistance programs.. Otherwise, FHA requires 3.5% down, and just about any home you look at should qualify.. Depending on which home you purchase and who is selling it, you can ask the seller to contribute up to 6% in seller concessions which should be enough to pay for all of your closing costs. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. 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

USDA and VA will allow 100% financing. USDA requires the property be located in a USDA designated area. FHA is next best. FHA requires only a 3.5% down payment, and certain Properties owned by Fannie Mae can be had for as little as 3% down, but the pricing is much more expensive. Now is a good time to at least meet with a Licensed Mortgage Professional to review your credit history to make sure that you know of any issues you may need to deal with. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

Yep Travis has that correct there also some Down Payment assisatance programs out there depending on the local market that work as silent seconds to help with the down payment on FHA

Give me a call we are based in Delaware and we can review 1st time buyer options and even a program that requires no down payment Mark 302-449-7373