first time home buyer programs


First Time Home Buyer Home Loan Programs

&Exploring First-Time Home Buyer Home Loan Programs for Low and No Money Down Financing

We work with some of the area's leading mortgage companies who offer a variety of low and no money down financing solutions for first time home buyers.

The programs include FHA, VA, USDA, and conventional programs which require little to no money down.

Not sure which program is right for you? Call (530) 318-2369 and we'll help you get moving in the right direction.

Buying your first home is an exciting and significant milestone, but navigating the world of home loans can be overwhelming, especially when it comes to financing options. At Dennis Lindsay Real Estate Services, we understand the challenges that first-time home buyers face, and we're here to guide you through the process with a variety of low and no money down financing solutions offered by some of the area's leading mortgage companies.

Understanding Your Options

When it comes to securing a home loan as a first-time buyer, you may be eligible for several programs designed to make homeownership more accessible. These programs include FHA, VA, USDA, and conventional options, each with its own set of benefits tailored to your unique financial situation.

FHA Loans:

The Federal Housing Administration (FHA) offers a program that requires only a 3.5% down payment. What's more, FHA loans have less restrictive credit requirements, making it easier for individuals with lower credit scores to qualify. This is an excellent choice for those who are looking for a more lenient option without a substantial upfront payment.

VA Loans:

If you're an eligible veteran or active duty military personnel, VA loans provide a remarkable opportunity to purchase your first home with zero down payment. This program is a way to honor and support those who have served their country while helping them achieve their homeownership dreams.

USDA Loans:

For those with lower and lower-middle incomes looking to buy a home in eligible rural and suburban areas, USDA loans offer a zero down payment solution. This program encourages homeownership in areas that may otherwise be financially inaccessible for many first-time buyers.

Conventional Programs:

Two notable options within conventional financing are the HomeReady program by Fannie Mae and the Home Possible Advantage program by Freddie Mac. Both of these programs require a modest 3% down payment. Additionally, gift funds can often be used to help cover down payments and closing costs, making it easier for buyers to get started.

FHA 203K:

This is a unique low down payment solution that not only allows borrowers to purchase a home with a minimal down payment but also provides financing for eligible repairs and improvements. This is an excellent choice for buyers who want to personalize their new home but lack the immediate funds for renovations.


Specifically designed for first-time home buyers, the HomeOne program offered by Freddie Mac requires a 3% down payment. What sets this program apart is its flexible funding options, which can help cover down payments and closing costs. Furthermore, there are no geographic or income restrictions, making it an inclusive option for buyers in a wide range of financial situations.

Personalized Guidance

With such an array of choices, it's understandable if you're unsure which program aligns best with your needs and financial goals. Our team at Dennis Lindsay Real Estate Services, is here to provide you with personalized assistance in determining the right financing path for you.


Purchasing your first home is a significant step, and it's crucial to explore all the available options to make an informed decision. With the assistance of Dennis Lindsay Real Estate Services, you can embark on your homeownership journey with confidence, knowing that you have access to a variety of low and no money down financing solutions. Whether you're an eligible veteran, a lower-income individual, or simply looking for a more flexible down payment arrangement, these programs are designed to cater to your specific circumstances. Contact us today at (530) 318-2369, and let us help you take the first step towards achieving your homeownership dreams.