How To Buy Your First Home With No Money May 2026

: Check if your employer offers housing grants or forgivable loans as a job benefit for buying a home near your workplace. 🤝 Low Down Payment Loans + Gift Funds

: Many DPAs offer a second loan at 0% interest to cover the down payment, with payments deferred until you sell or refinance the home. how to buy your first home with no money

: These typically range from 2% to 5% of the loan amount [2]. They cover lender fees, title insurance, and appraisals [2]. You can ask the seller to pay these (seller concessions) or roll them into some loan types [2]. : Check if your employer offers housing grants

: Nearly every state has a Housing Finance Agency (HFA) offering grants or silent second mortgages to first-time buyers [2]. They cover lender fees, title insurance, and appraisals [2]

: Costs a few hundred dollars and is paid directly to the inspector at the time of service. Never skip this step.

These specific mortgage types allow you to finance 100% of the home's purchase price [1, 2].