No Money Down Home Loan Options

100% Financing Home Loan OPtions

For today’s home buyers with good credit and a steady income, there are several no down payment mortgage programs available which offer 100% financing for purchase so you can buy a home or even refinance. LH Lending can explain your options for how to finance your home with no money down and determine if a zero down payment mortgage is right for you.

VA Loan for U.S. Veterans

  • LH Lending offers reduced VA loan fees to U.S. military veterans
  • VA home loans are typically the best loan option for first time buyers if one of the borrowers is a veteran
  • Can be used to purchase a house for your primary residence, as well as, to refinance for cashout
    VA Loans

USDA Rural Development Loan

  • USDA Rural Development is typically the best home loan option for first time buyers that are not military veterans, assuming the property is in an eligible rural area
  • Can be used to purchase your primary residence or refinance for rate term

USDA Rural Development Loans

Purchase Advantage powered by LOUISIANA CAFA

  • A unique program to jump-start Louisiana homeownership through the benefit of a non-repayable homebuyers grant of up to 4% of the original mortgage amount
  • The non-repayable grant is provided by Capital Area Finance Authority (CAFA)
  • Eligible for primary residence only and only in approved Louisiana parishes
  • Learn more about CAFA at 

Purchase Advantage

Purchase with Seller Paying Closing Costs

A common purchase strategy of buyer agreeing to pay a higher dollar amount than normally would be negotiated (e.g. full asking price) in exchange for seller agreeing to pay closing costs. Net effect is that buyer does not have to pay out-pocket for their closing costs and seller nets same amount as if they would have sold for the lower price they realistically expected to sell home for.

NOTE: In order for the loan to be approved by the mortgage lender, the house will need to appraise for no less than the total contracted purchase price (which includes the added dollar value for the buyer’s closing costs).


*Not a commitment to lend.  All loans subject to credit and property approval.  The following terms are for illustrative purposes only.  Rates, payments, and loans terms vary by consumer based on their individual qualifying information.   The payment amount illustrated does not include the amounts for taxes, property insurance, or mortgage insurance. 

Loan Term Down Payment Annual Percentage Rate Estimated Monthly Payment
30 year fixed rate 10% (90% LTV) 4.75% $1,043