Buying A House With No Savings -

If you don't qualify for VA or USDA, you can often reach "zero out of pocket" by stacking low-down-payment loans with grants:

You can negotiate for the seller to pay your closing costs. For instance, you might offer $310,000 for a $300,000 house on the condition the seller pays $10,000 toward your fees. buying a house with no savings

Some banks, such as Bank of America , provide grants up to $17,500 that do not require repayment to cover both down payments and closing costs. 3. The "Hidden" Zero: Closing Costs If you don't qualify for VA or USDA,

While most buyers aim for the standard 20% down, two primary federal programs allow for 0% down as of April 2026: you might offer $310

Conventional "first-time buyer" loans only require 3% down.