Reported about 5 hours ago
A zero-down mortgage allows qualified buyers to purchase a home without a down payment, making homeownership accessible without years of saving. VA and USDA loans are popular options, catering to veterans and rural buyers, respectively. While these loans provide advantages like no private mortgage insurance and quicker home buying, potential drawbacks include higher overall debt and lack of initial equity. Alternatives such as 3% down conventional loans and FHA loans also exist for those looking with minimal savings.
Source: YAHOO