Mortgage Programs There are several low down payment programs available. Some have income restrictions, some have geographic restrictions, some are strictly available to first time homebuyers, but a few are available to everyone.  Click on the links on the left to get a basic understanding of these loans. Even if you are not looking for a low down payment loan, you will find information here that can help you better choose which loan fits your financial situation.  Understand, however, that it is still very important that you work with a mortgage rep early in the process, because every program has its own unique niches and guidelines and your mortgage rep can better guide you through them. Your rep can also evaluate your credit, and, if need be, give you insight on how to improve your credit standing.