With No Down Payment | How Can I Buy A Home

Alex had served in the military. Because of this service, Alex was eligible for a VA Loan , which allows veterans and active-duty members to buy a home with 0% down .

: He didn't have to pay monthly private mortgage insurance (PMI), saving him hundreds every month. how can i buy a home with no down payment

Both friends realized that even with $0 down, they still faced "closing costs"—the fees for lawyers, inspections, and taxes. To solve this, they used two creative "cheats": Alex had served in the military

Once upon a time, two friends, Alex and Jordan, dreamed of owning homes but had zero savings for a down payment. They took two very different paths to reach their goal. Both friends realized that even with $0 down,

Jordan hadn't served in the military, but she loved the quiet of the countryside. She discovered the USDA Loan program, which supports low-to-moderate-income buyers in "eligible rural areas".

: Jordan used the USDA's eligibility map to find a home in a qualifying small town.

: Like Alex, she put $0 down , though she did have to pay a small annual guarantee fee.