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Can You Buy A House Without A Down Payment. Usda and va home loans allow borrowers to buy homes with no down payment. In order to buy a house with a conventional loan, you’ll need at least a 5% down payment.
from venturebeat.com
If you’re a veteran of a military service, you might have va eligibility that would allow you to qualify for a va loan. However, you do have to weigh the pros and cons of your particular situation before you will be able to make an educated decision about what’s right for you. You need to get creative.
You need to get creative. The alternative to that program now is what's called a flex down mortgage. For example, usda loans are available to eligible buyers looking to purchase homes in eligible rural areas (and even some suburban areas) around the country. Once that year is up, you can rent out the house and turn it.
