Mortgage programs have become more strict in the last year. Something that you do not see as much is programs with no down payment. But there is still good news if you live in a rural area and do not have much cash to put down. Here is a great site where you can find more out about the housing program for the USDA’s Rural Development. If you are living in an area that qualifies, you may have a great opportunity at hand.
See if you can qualify for no money down – talk to your local mortgage representative.