If coming up with a down payment is a struggle, an alternative to buying a house with no money down is an FHA loan. The FHA does not offer a no-money down loan. However, they do allow for loans with a down payment as low as 3.5% of the home’s purchase price.

5 Best No-Money-Down Mortgages | GOBankingRates – No-Money-Down Mortgages. A number of lenders offer mortgages that require no down payment. Explore these options and see if one fits your needs. 1. USDA Rural Development Mortgage. USDA loans might help you get into a home without making a down payment.

What Is A 5/5 Arm Adjustable Rate Mortgages & Fixed Rate Mortgages – USC Credit Union – An adjustable-rate mortgage (ARM) gives you the benefit of locking in a low fixed. The most popular ARMs have a fixed rate for the first five, seven years, or 10.

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