One FHA loan covers purchase + up to $35K (Limited) or full-scale (Standard) renovation at 3.5% down.
FHA 203(k) rolls purchase price plus renovation cost into a single 30-year mortgage at 3.5% down. Limited 203(k) covers up to $35K of non-structural repairs; Standard 203(k) has no cap and allows structural work, additions, and even tear-down/rebuild on the foundation. Perfect for buying distressed inventory at a discount. Fannie's HomeStyle Renovation is the conventional equivalent (3–5% down, no 203k consultant required, no repair-type limits).
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Eligible veterans buy with $0 down, no PMI, and assumable rates.
0% down in USDA-eligible areas — includes many suburban zip codes.
Neighborhood Assistance Corp of America — below-market rate, zero down.
Fannie / Freddie low-income programs — 3% down + reduced PMI.
1.25–2.25% down for enrolled tribal members — nationwide.
State / county / employer DPA — $5K–$50K forgivable or 0% deferred 2nd.
$100 total down on FHA-repossessed homes for owner-occupants.
3.5% down + rehab budget rolled into one loan — buy distressed properties.