How Can I Buy A Home With No Down Payment -

Alex had served in the military. Because of this service, Alex was eligible for a VA Loan , which allows veterans and active-duty members to buy a home with 0% down .

Once upon a time, two friends, Alex and Jordan, dreamed of owning homes but had zero savings for a down payment. They took two very different paths to reach their goal. how can i buy a home with no down payment

: They asked the sellers to pay their closing costs in exchange for a slightly higher offer price. Alex had served in the military

Both friends realized that even with $0 down, they still faced "closing costs"—the fees for lawyers, inspections, and taxes. To solve this, they used two creative "cheats": They took two very different paths to reach their goal

: Alex opted for a slightly higher interest rate, and in return, the lender paid his upfront fees. Summary of No-Down-Payment Options Requirement VA Loan Veterans & Military Service history + Certificate of Eligibility USDA Loan Rural/Suburban Buyers Household income below 115% of area median DPA Programs First-time Buyers Local/State grants that cover the down payment NACA Program Lower-income Buyers No down payment or closing costs; requires counseling