: For veterans, active-duty service members, and eligible surviving spouses, this program offers zero down payment and no private mortgage insurance (PMI).

For many low-income families, the obstacle to homeownership isn't the monthly payment, but the upfront costs like down payments and closing fees. Several federal and local programs are designed specifically to lower these barriers.

These programs often offer lower interest rates and reduced down payment requirements compared to standard conventional loans.

: Specifically for "low and very-low-income" families in eligible rural areas. This program can provide 100% financing (no money down) and may offer payment assistance that reduces the mortgage interest rate to as low as 1% .

Single Family Housing Direct Home Loans - USDA Rural Development