There is no shortage of assistance for first-time home buyers.
The Department of Housing and Urban Development offers a host of grant and loan options.
The Federal Housing Administration (FHA), Department of Veterans Affairs (VA), Fannie Mae and Freddie Mac offer low and 0% down payment loan programs.
You may be eligible for a mortgage credit certificate or other down payment assistance programs offered by your state’s housing finance agency.
If you have a Roth IRA, you can take out $10,000 to use toward the purchase of your first home. For first-time home buyers, the withdrawal is tax-free and penalty-free if your account contributions were made more than 5 years ago.