Buy A House With No Down Payment (USA)
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What is
Down Payment?
The initial, up-front payment made when buying a house
3 Options for Zero Down Payment Mortgage
USDA Loans
1
- Your home should be in a rural or suburban area
- It cannot be an operating farm
- It should be your primary residence, and a single-family unit
Criteria:
Veteran Assistance
2
- Veterans
- Members of the National Guard
- Active duty servicemen
Applicable for:
Bank of America
3
- For Black, Hispanic, and Latino communities
- In Charlotte, Dallas, Detroit, Los Angeles, and Miami
- Aims to address racial wealth gap
Community Affordable Loan Solution:
Click here to read article on:
"How to Buy a House With No Money Down: For First Time Buyers"
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MoneyConnexion
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