π‘ 0% down mortgage in the US? Here's the lowdown.
A government-backed USDA mortgage lets eligible buyers purchase a US home with no down payment, which is a big deal right now. This program is available across about 97% of the US landmass, though qualification depends on strict income and geographic rules. For 2026, income limits are $122,800 for up to four people and $162,100 for five to eight people. The loan is for a primary residence and requires an upfront 1% guarantee fee, even though the down payment is zero. This option is gaining traction as 43.5 million US households were cost-burdened in 2024.