How to Buy a House with No Money Down
Think you need 20% down to buy a home? That’s a common myth. Several loan programs let you purchase with nothing down — and many Texas buyers qualify.
VA Loans — Zero Down for Veterans
If you’re a veteran, active-duty service member, or eligible surviving spouse, VA loans offer 100% financing with no monthly mortgage insurance. This is the single best mortgage benefit available to those who’ve served.
USDA Loans — Zero Down for Eligible Areas
USDA loans provide 100% financing for homes in eligible rural and suburban areas. Many communities across Texas qualify, including some areas that may surprise you. Income limits apply, but many middle-income families are eligible.
Down Payment Assistance Programs
Texas offers numerous DPA programs through state agencies, local governments, and nonprofits. Some provide grants that never need to be repaid. Others offer forgivable loans that disappear after you live in the home for a set period.
Gift Funds
FHA and conventional loans allow your entire down payment to come from gift funds — money given to you by a family member, employer, or approved organization. A gift letter documenting the funds is required.
Seller Concessions
Negotiate for the seller to pay your closing costs, reducing the cash you need at closing. Combined with a low or no down payment program, this can get you into a home with very little out of pocket.
Start Today
QuickFund Mortgage specializes in helping buyers find creative financing solutions. Contact us to explore your zero-down and low-down-payment options.