Home equity loans with bad credit ; Insurance.. 5 mortgages that require no down payment or a small one.. The credit union’s zero-down program is similar to the VA’s, though Navy Federal.
As long as you have maintained a good credit rating and have current employment then it shouldn’t be hard for you to acquire a home loan that doesn’t entail a down payment. Though the idea of a zero down home loan can be quite appealing to many people, you need to understand that it does have its own share of disadvantages.
House Loan Qualification Zero Down Homes Austin Tx Usda Rural development loan credit requirements usda rural development map · Other Requirements for Loans Backed by the USDA. If your FICO credit score is 620 or higher and you’ve had no major delinquencies within the past few years (and no late marks within the past 12 months), you’ll likely be eligible for a streamlined underwriting process. If your credit score falls between 580 and 619,