Buying A House Without A Downpayment May 2026

Even with a 0% down payment, you must plan for , which typically range from 2% to 5% of the purchase price.

: Must obtain a Certificate of Eligibility (COE) . buying a house without a downpayment

: State and local agencies offer grants or deferred-payment loans specifically to cover upfront costs. For example, the Illinois Housing Development Authority has programs providing up to $10,000 in assistance. Lender-Specific Programs : Even with a 0% down payment, you must

: Total household income generally cannot exceed 115% of the area median ($119,850 for a family of 1–4 in most areas). Even with a 0% down payment

Only two major federal programs consistently offer financing for qualified individuals:

: Exclusive to veterans, active-duty service members, and eligible surviving spouses.

: No private mortgage insurance (PMI) and competitive interest rates.