Most employers allow you to borrow against the value of your retirement plan. If you think you will leave your company, you should expect to repay the loan in full when you leave. Tap into your IRA . You will owe income taxes, however. Public loan programs for first-time homebuyers .
Most states have housing finance departments that are aimed at increasing homeownership rates.
These programs offer subsidized loans. Closing Costs Closing costs make up between 2 and 4 percent of the home purchase price, depending on how many points you pay. If you move to another city for a job, you'll have to deal with moving expenses, as well as a change in the cost of living. Your new employer will often reimburse you for moving expenses. If not, you can deduct these expenses using IRS Form 3903 .