You can only get a mortgage with no down payment if you take out a government-backed loan. Government-backed loans are insured by the federal government. … You may want to get a government-backed FHA loan or a conventional mortgage if you find out you don’t meet the qualifications for a USDA loan or a VA loan.
Many potential home buyers wonder how much they’ll need to save in order to get a mortgage. But did you know it’s possible to buy a home without a down payment? We’ll take a look at some options you have when you want to buy a home without a down payment. We’ll also show you a few alternatives for low down payment loans as well as what you can do if you have a low credit score.