If the down payment is your biggest blocker to buying a house, we’ve got good news. Yahoo Finance has hand-picked the best home loan lenders specializing in low- and no-down-payment mortgages.As you’ll see, you have some excellent choices. Each lender has a specialty, and one of them (or more) may be a perfect fit for your home-buying needs. We use government data and exhaustive research to rate each lender to some of the highest standards in the personal finance reporting industry. We don’t give out five stars like candy. In fact, no lender we’ve reviewed to date has met that standard yet.But these come close.The Yahoo View: Truist offers low- and no-down payment mortgages, generous assistance programs, and 100% financing for medical and dental professionals.Stars: 4.0Read our full Truist mortgage reviewKey benefits Low- or no-down-payment programs include conventional and government options. With the Truist Doctor Loan, medical and dental professionals can get 100% financing on loans up to $1 million without paying for mortgage insurance, and Truist may not factor student loans into the debt-to-income ratio (DTI) requirements. Truist works with state housing finance agencies to find down payment assistance programs available where you live. Need to know Ranks near the bottom for customer satisfaction, as measured by the J.D. Power Mortgage Origination Satisfaction Study. The Yahoo view: Our highest-ranking lender is a VA loan leader — the most valuable no-down-payment mortgage on the market. Stars: 4.20Read our full Navy Federal Credit Union mortgage reviewKey benefits Navy Federal specializes in loans backed by the Department of Veterans Affairs, offering no down payments to borrowers with a military link. A Navy Federal program, Military Choice, offers VA loan benefits to borrowers with no remaining entitlements. With a stellar reputation for customer satisfaction, NFCU is near the top of J.D. Power’s rankings. According to Yahoo Finance’s analysis of HMDA data, Navy Federal offered well-below-median loan costs and interest rates in 2023. That’s a rare and valuable combination. Need to know Mortgage rate information published on the website is of limited use because of vague disclosures. Read more: The best VA loan lenders right nowThe Yahoo view: Conventional loans can have low down payments too. Chase is a top-five lender in conventional loan volume and offers grants that can be applied to borrowers’ down payments or closing costs.Stars: 4.00Read our full Chase mortgage reviewKey benefits Eligible borrowers can receive up to $7,500 in grants, which they can use toward a down payment or to reduce closing costs. Chase guarantees a closing within three weeks, or qualified borrowers receive $5,000. The Chase DreaMaker loan allows a down payment as low as 3% with relaxed credit qualifications. Need to know The Chase 3% down DreaMaker conventional loan has income limits. Chase ranks above average in the 2024 J. D. Power mortg
Mer. Gen 8th, 2025
