No/Low Down Payment Mortgage Options

Want fewer obstacles to homeownership in Ohio, Michigan or Indiana? We can help you get a home loan with no down payment or a down payment as low as 3%. Go beyond a traditional mortgage.

Options available through First Federal Bank and the U.S. Department of Agriculture rural development office can help you save more money. Check our mortgage rates and read our Homebuyer's Guide to know what to expect during the homebuying process.

100% Mortgage Financing Options

  • Available through the USDA, depending on income, credit and property location
  • Available through First Federal Bank, depending on income and credit, for borrowers purchasing their primary, single-family residence who own no other property at closing

Low Down Payment Mortgage

  • Available to qualified borrowers
  • May allow you to use some gift funds toward down payment
  • Good solution if you have solid credit but limited funds for down payment, are a first-time buyer or looking to upgrade, or want to avoid FHA loan fees

How Much Home Can You Afford?

To get pre-approved or pre-qualified for a no or low down payment home loan or to apply for a mortgage, contact a local mortgage rep in OH, MI or IN.