Bad Credit Buy A House With No Money Down May 2026

: This allows you to move in now while a portion of your rent goes toward a future down payment. This gives you time to rebuild your credit before you actually have to apply for a mortgage.

: If you are a veteran, active-duty service member, or eligible surviving spouse, VA Loans offer 0% down. While the VA itself doesn't set a minimum credit score, most lenders from SoFi look for a score of at least 620, though some may go as low as 580–600. bad credit buy a house with no money down

: Some specialist brokers focus on "adverse credit" borrowers. Expect much higher interest rates and potentially higher closing costs to offset the lender's risk. The True Cost of "No Money Down" : This allows you to move in now

The most common way to skip a down payment is through government programs. While these are "no money down," they do have credit requirements. While the VA itself doesn't set a minimum

: According to CNBC Select , you can qualify for an FHA loan with a score as low as 500 (with 10% down) or 580 (with 3.5% down).

: To cover that 3.5%, look for Down Payment Assistance (DPA) . Many state and local programs offer grants or secondary "silent" loans to low-to-moderate-income buyers with less-than-perfect credit. 3. Alternative & Creative Strategies