Designed for low-to-moderate-income buyers in "eligible rural areas" (which often includes some suburban pockets). These also require 0% down , though you must meet specific income and location requirements. 2. Low Down Payment Programs (3% to 3.5%)
Reserved for veterans, active-duty service members, and eligible surviving spouses. They offer 0% down , no monthly mortgage insurance (PMI), and competitive interest rates.
4 ways to buy a home with a lower down payment | Fulton Bank
If you qualify, these programs allow you to finance 100% of the home's purchase price.
These are the most common paths for the general public and first-time buyers.
Getting into a home with a small down payment is a major goal for many buyers in 2026, especially as median home prices remain above $400,000. While the "20% down" rule is still a benchmark for avoiding extra costs, it's certainly not a requirement for homeownership. 1. Zero Down Payment Loans
