Government-backed home loans can help people buy a house with no money down, but of course, there are some trade-offs.
You can buy a home even when you have bad credit and no down payment. Find a program that meets income and geographic guidelines.. This means you need no money down, and the seller may move a.
Is it possible to buy a home with no money down? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.
There are definitely factors to consider before buying a house with little-to-no cash down. However, if you’re in a situation where it would require you to empty your savings account in order to put a full 20% down on a home, it’s probably best to go with a lower down payment option and retain some cash for unexpected expenses.
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· Drumming up money for a down payment on a home can feel like a lost cause: After you’ve shelled out money for rent, gas, groceries, and other expenses, you might have little or nothing left over. Which may have you fantasizing: Is there some secret out there, somewhere, that could show you how to buy a home with no money down?