Buy a home with zero down
Zero Down Mortgages
We’re proud to offer some of the best zero down mortgage options on the market. Our zero down products include FHA, VA, and USDA loans to fit the specific needs and circumstances of each borrower.
FHA Loan
FHA Zero Down Mortgage
- Minimum 600 credit score
- FHA 30-year fixed mortgage first lien with 96.5% loan-to-value.
- 3.5% or 5% down payment assistance as a 10 year fully amortized second lien.
- Down payment assistance can be used towards down payment and closing costs.
VA Loan
VA Zero Down Mortgage
- Minimum 580 credit score
- Eligible applicants include active-duty service members and veterans with discharges other than dishonorable.
- No monthly mortgage insurance
- The VA funding fee is between 1.25% to 3.3% of the loan amount and can either be paid at closing or rolled into to the loan.
USDA Loan
USDA Zero Down Mortgage
- Minimum 640 credit score
- The property must be located in a rural USDA eligible area.
- Your total household income must not exceed the USDA income limit for the area you are purchasing in.
- You must not exceed the USDA loan limit for the county you’re purchasing in.
- The upfront USDA guarantee fee is equal to 1% of the loan amount.
1% Down Option
Coventional Loan
1% Down Conventional Mortgage
- Minimum 620 credit score
- Primary residence purchases only.
- Income restricted to 80% or less of the Area Median Income.
- Allows borrowers to put 1% down, with lender paying 2% toward the down payment (up to $7,000), for a total of 3% down