Can I buy a house with no down payment?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Yes, with a VA loan (eligible veterans and service members) or a USDA loan (eligible rural and suburban areas). Both offer true 100% financing across Florida.
If neither fits, Florida down payment assistance can cover the down payment on an FHA or conventional loan, effectively getting you in with nothing down. We'll check which no-down path you qualify for.
Zero-down loan programs
Yes, with the right loan. VA loans offer zero down to veterans, active-duty service members, and many surviving spouses. USDA loans offer zero down in eligible areas, and a lot of Florida outside the major metros qualifies.
Neither loan needs a down payment, but both have rules. VA ties to military service. USDA ties to income limits and an approved location map.
No-down without VA or USDA
Not eligible for those? Pair an FHA loan with down payment assistance. The FHA loan needs 3.5% down, and a Florida grant or second loan can cover that amount. Your net down payment can reach zero.
You will still want cash for closing costs unless the seller or a grant helps. Contact us and we will build the lowest cash-to-close plan for your situation.