Can You Find First-Time Homebuyer Loans With Zero Down?

You could get a home with no money down, but that may not be a good idea for first-time homebuyers. "If a homebuyer meets the income qualification for this program and is buying a primary residence in one of the USDA (rural development)-eligible areas of the country, this is an excellent loan program for first-time homebuyers to leverage," says Jay Miller, a mortgage loan originator with Compass Home Loans in Hawaii. Keep in mind that you may need to work in a particular industry, live in certain area or be a member of a certain group to join a credit union.

Which Homes Can You Afford?

Get a list

How Much Is Your Home Worth?

Calculate Now

Continue to full article