Buy a Home With No Money Down
The Best Zero Down Mortgage Options
We’re proud to offer some of the best zero down mortgage options on the market. Our zero down products include conventional, FHA, VA, and USDA loans to fit the specific needs and circumstances of each borrower.
4 Great Zero Down Options
to Choose From
Option #1
Conventional Loan Down Payment Assistance
- Minimum 620 credit score
- Down payment assistance equal to 3% of the purchase price of the home, up to $15,000
- Down payment assistance treated as a second lien mortgage with no monthly payment requirement or interest
- Must be at or below 80% of the Area Median Income (AMI) for the area you are purchasing in. Please reference this free AMI tool to view the median income for the area you are planning to purchase in.
Option #2
FHA 100%+ Down Payment Assistance
- Minimum 600 credit score
- 2-1 buydown option
- FHA 30-year fixed mortgage first lien with 96.5% loan-to-value.
- 3.5% or 5% down payment assistance as a 10 year fully amortized second lien.
- Down payment assistance can be used towards down payment and closing costs.
Option #3
VA Zero Down Mortgage
- Minimum 580 credit score
- Eligible applicants include active-duty service members and Veterans with discharges other than dishonorable, National Guard and Reserve service members and Veterans with an honorable discharge, certain eligible spouses, and other uniformed service personnel.
- No monthly mortgage insurance
- The VA funding fee is between 1.25% to 3.3% of the loan amount and can either be paid at closing or rolled into to the loan.
Option #4
USDA Zero Down Mortgage
- Minimum 640 credit score
- The property must be located in a rural USDA eligible area.
- Your total household income must not exceed the USDA income limit for the area you are purchasing in.
- You must not exceed the USDA loan limit for the county you are purchasing in.
- The upfront USDA guarantee fee is equal to 1% of the loan amount.
Which Zero Down Mortgage Is Best For You?
Please provide us with the following information, and we will help you determine the best zero down mortgage option for your specific situation.
Client Testimonials
I am happy to wholeheartedly recommend Shay Wright with Home Financing Direct! He answered all of my questions and gave quality mortgage lending advice to my family. I would absolutely use Shay’s services again and have no hesitation recommending him!
Erin Hosford
I worked with Shay Wright to buy my first home and he was genuinely awesome. Shay was great at answering everything I asked and explaining to me how things worked. I shopped around a little for rates and these guys were able to provide me with the best ones.
Tanner Lewis
I recently refinanced with Home Financing Direct. The whole process was great! No surprises, great transparency, and a very simple process from start to finish. I was able to quickly secure a new home loan at an amazing rate! I would definitely work with them again.
Casey Woolley
Shay has been excellent in working with me right from the beginning. I felt he didn’t look my refinance as another file but took personal interest in advising me the best route. He also locked me on excellent rate where corporate banks were about 0.6 percent higher.
Fareed S
Very Professional, Shay Wright got me the best deal, I would highly recommend. I was stress free throughout the whole process and whenever I had a question he would respond right away. He is very knowledgeable and really knows what he is doing. I value his kindness, honesty, and hard work!
Miguel San Miguel
Shay Wright worked with us to qualify for a mortgage, gave us a great rate and was helpful from start to finish. Shay was available to give guidance and to answer questions, even during evenings and on weekends. I highly recommend you consider working with Shay.
Linda Snyder
Shay is so professional and responsive, he answered all my questions with patient in detail. Rates that he is offering are so competitive. He is the key to my recent real estate transactions.
Milad Zare
I was impressed with the professional and responsive communication, which made the whole process painless. We locked in a great rate quickly and Shay kept us informed ever step of the way. Better rates without all the headaches!
Gabriel Gross
We had a very positive experience with Home Financing Direct. Our representative, Shay Wright, was the best we could have asked for. He was very informative and helpful throughout the entire process. I’d highly recommend Shay to anyone looking for home financing.
Shaun Gardiner
Shay was a pleasure to work with! He was professional and responsive, and I felt like he did a great job communicating. He proactively communicated about every step of the process, and was fast to answer any questions. Highly recommend working with Shay @ Home Financing Direct!
Brad Warren
Had a great experience with Shay. He was always responsive and answered any questions I had. I was very happy with the process and got it done in my required timeline. All paperwork was submitted electronically using secure portals. All very professional and safe. I got a really good interest rate to boot.
Isaac Davis
I had multiple pre-qualification letters from several lenders but specifically wanted to work with Shay because of his responsiveness and low closing costs. He was extremely patient throughout the process and truly had our best interest. I will be working with Shay again in the near future. thanks for all your help!
Nirmal Kurian
We just closed on a refinance with Shay Wright, in under 15 days for an immaculate rate w/o buying points. Also as a plus the closing costs were low. Shay was the epitome of a professional and would recommend him to anyone looking for a Refi or to buy a home.
Rob Prescott
Amazing communication and fastest loan process ever! I've gone through a few home mortgages in my life and this was by far the fastest. Even more amazing was the speed during Covid-19. I have friends that were going through loans/refi's that were taking 6+ weeks. Mine was literally closed within 2 weeks! Highly recommend
Brandon Southern
Thanks so much Carol! It was a pleasure working with you as well, and I really appreciate how responsive you were when I needed a document from you. That was very helpful. I hope y'all enjoy your new home, and I look forward to hopefully working together sometime again in the future!
Carol Lee