Discover every first-time homebuyer program available in 2026, including FHA loans, down payment assistance grants, tax credits, and state-specific programs that can help you buy your first home with little or no down payment.
See which homebuyer programs you qualify for and get pre-approved today
Start Your ApplicationFirst-time homebuyer programs are federal, state, and local initiatives designed to make homeownership more accessible. These programs offer benefits like low down payments, reduced interest rates, closing cost assistance, and tax credits. In 2026, over 150+ programs exist across the United States.
You're considered a first-time homebuyer if you meet ANY of these criteria:
Federal Housing Administration loans require only 3.5% down payment and accept credit scores as low as 580.
Down Payment: 3.5% minimum
Credit Score: 580+ (500-579 with 10% down)
Max Loan: $472,030 - $1,089,300 (varies by county)
Zero down payment loans for military veterans, active duty service members, and eligible spouses.
Down Payment: $0 (0%)
Credit Score: No minimum (typically 620+)
PMI: Not required
Zero down payment mortgages for homes in eligible rural and suburban areas (97% of U.S. land area).
Down Payment: $0 (0%)
Credit Score: 640+ recommended
Income Limit: Must not exceed 115% of area median
Fannie Mae & Freddie Mac programs requiring only 3% down payment for qualified first-time buyers.
Down Payment: 3% minimum
Credit Score: 620+ required
PMI: Required until 20% equity
Over 2,000+ state and local DPA programs exist that can provide $5,000-$30,000 in grants or forgivable loans for your down payment and closing costs. Many can be combined with FHA/VA/USDA loans. Check your state housing finance agency website to find programs in your area.
Every state offers unique programs. Here are examples from major states:
MyHome Assistance Program provides 3.5% down payment assistance as a deferred loan (0% interest, no monthly payments).
• Income limits: $184,000-$226,500 depending on county • Purchase limits: $625,000-$970,800
Offers down payment assistance up to 5% of the loan amount and competitive interest rates.
• Income limits: $105,120-$115,580 • Purchase limits: $408,795-$456,275
Combines a first mortgage with a second mortgage (0% interest) that covers up to 3.5% for down payment/closing costs.
• Income limits: $106,820-$133,960 • Purchase limits: $420,680-$647,200
Provides up to $15,000 in down payment assistance and competitive interest rates below market rates.
• Income limits: $129,250-$171,000 • Purchase limits: $524,225-$1,036,000
Start your journey to homeownership today. Get matched with programs you qualify for and begin your application.