home loan with no down payment.

First Time Home Buyer

Are There Home Loans with No Down Payment?

Home Loan with No Down Payment?

Most mortgages require a minimum amount of cash to be paid upfront. When you need to get a home quickly, this can be a challenge. If this is the situation you find yourself in, it’s time to consider a home loan with no down payment.


Home Loans with No Down Payment are Available for Those that Qualify

Home financing options are available for those that can’t afford to make a down payment on a home, but they have strict eligibility requirements. A mortgage lender can help you find the option that is best for your current situation. 


What are the Benefits of a Zero Down Payment Home Loan?

Zero down payment loans get you the needed capital to invest in a home without having to secure cash for a down payment. This means you can get a new home quickly and keep cash in your pocket for any expenses that may arise. 


Things to Consider Before Getting a Home Loan with Zero Down Payment

Opting for a home loan without a down payment often results in higher monthly payments, mortgage insurance premiums, mortgage fees, and interest rates. Additionally, lenders may perceive you as high-risk. 


What Home Loans with No Down Payment Are Available?



Available to current and former military members. Average minimum credit score is 620-640. 



Available for moderate- and low-income borrowers in eligible rural and suburban communities. There is no minimum credit score requirements. 


Local credit unions and special programs may also offer no down payment loans but are subject to availability. 


Learn More Today!

So many different options available can get confusing. Contact Mortgage Solutions Financial to learn more about no down payment home loans and to find the best financing option for you.