Best 0-5% Down Firsthomebuyer Programs

   1. Progressive Payment Saver Buydown Program-Ground-breaking 30 year fixed loan which offers increased purchasing power and low initial mortgage  rate of 3.875% (APR 4.02%) as of 8/29/09.
   2. $8,000 Tax Credit-deadline approaching-11/30/09
   3. USDA Rural Loan-30 year fixed zero down loan with 620 score. 0 PMI or mortgage insurance.
   4. My Community Plus -Exclusive 3% down program for Teachers, Firefighters, Paramedics, Police Officers, Nurses and other Healthcare workers, and Military Personnel-Veteran. Easier qualifying guidelines and discount on closing costs. 
   5. Fannie Flex 97% Financing Program-Great FNMA 30 yr fixed loan if you plan on living in the home a long time. No PMI option available.
   6. Fannie Flex Expanded Program-only 620 credit score may qualify
   7. Home Possible-Freddie Mac Community Lending program designed to meet the needs of low and moderate income borrowers by providing financing up to an LTV of 97%
   8. FirstHomeBuyers Down Payment Assistance Program-Get up to $25,000 for down payment or earnest money deposit. Pay off debt to help you qualify.