Home Buyer Resources

Zero Cash Down Payment Program

Dreaming of owning your very own home without worrying about a down payment? Now, you can.

The USDA Zero Cash Down Payment Program offers you a way to buy a home with no down payment. That's right — zero down payment.

The USDA Zero Cash Down Payment Program

Maybe you owned a home before and are presently renting. Maybe you're a first-time homebuyer who wants to buy a home, but held back due to the hefty down payment. Or maybe you don't want to liquidate your financial assets to use as a down payment on a home.

Regardless of your present financial situation, you're seeking a way to get into or to re-enter the housing market without having to make a cash down payment. That's where this no-cash-down program comes in. 

Program Qualifications

The Zero Cash Down Payment Program may be just the answer you need. Here's what is required to qualify for the Zero Cash Down Payment Program:

1. A Good Credit History

To qualify for the Zero Cash Down program, you should have no recent history of bad debts, and should be paying your current liabilities consistently and on time. 

2. Limited Liabilities

You'll be required to disclose all current liabilities you have in order to determine how much more debt you can carry. This includes any car loans, credit cards, or other loans that you may have right now. 

3. Employment Stability

To qualify for the Zero Cash Down program, you'll need to show proof of stable employment for the past 2 years. The best proof of employment is a letter of employment from your employer, or if you're self-employed, financial statements for the past 2 years.

4. Income Limits & Area

This depends on the number of people that will be living in the home and county. Under the terms of the program, you can purchase a variety of properties in rural areas. 

Contact us for a map of areas that qualify. It's important to note that not all properties qualify for the Zero Cash Down Payment Program. To ensure that you get an accurate picture of what properties may or may not be included in this program in your particular area, review the terms of the program with your Realtor®.

Benefits of the Zero Cash Down Payment Program

Why pay your landlord's mortgage? Why not build your own equity? 

Here are just a few of the many reasons to learn more about buying a home through the Zero Cash Down payment program:

1. No Down Payment on Your Home

With the Zero Cash Down program, you don't need thousands of dollars and years of saving to buy your own home.

2. You Can Buy a Home Now!

With the Zero Cash Down Payment Program you don't have to wait to purchase a home. This new program offers you an immediate way to get into the housing market along with competitive mortgage rates. 

3. It's an Approved Bank Program

Best of all, this program is an approved bank program. Review this program with your lender or Realtor®, who has specialized knowledge in financing and can assist you with the Zero Cash Down Payment Program.

Learn More about the Program

Want to learn more about the benefits and qualifications of the Zero Cash Down Payment Program? Contact us today at kwoodard84@gmail.com or 614-425-2879 and we'll be happy to talk about the program with you! 


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