National First-Time Home Buyer Programs

Several federal and nationwide programs help first-time homebuyers reduce upfront costs, secure better mortgage terms, and qualify more easily for a home loan.

FHA Loans

• 3.5% down payment minimum
• Flexible credit requirements
• Backed by the Federal Housing Administration

USDA Loans

• 0% down payment for eligible rural areas
• Competitive interest rates
• Income limits apply

VA Loans

• 0% down payment for eligible veterans, active-duty service members, and some spouses
• No mortgage insurance
• Lower interest rates

Fannie Mae & Freddie Mac First-Time Buyer Programs

• Low down payment options (3%)
• Reduced private mortgage insurance costs
• Credit-flexible underwriting

Down Payment Assistance (National & Nonprofit)

• Programs such as National Homebuyers Fund (NHF)
• Employer-assisted housing benefits
• Nonprofit DPA programs

State-Level Assistance

Every state offers unique programs including grants, forgivable loans, tax credits, and local city/county incentives.