If you are at houses for sale but either don't have the funds to put down or simply aren't sure if you can manage a down payment, you may still be able to get a mortgage. If you fit into specific qualifications, home ownership is a possibility without having to give too much money upfront. Keep reading to see if you might qualify to buy a house without a down payment.

Loans Through the Department of Veterans Affairs

If you are a veteran or active-duty service member, you may be able to get a mortgage through the VA. With this loan, you can get a mortgage without putting any money down. These typically come from private lenders, and the VA guarantees the loan.

Other advantages of a VA loan include no need for mortgage insurance. In order to obtain this loan, you need to pay a funding fee, which varies based on the size of your down payment, how many loans you've had, and in what way you served in the military.

Loans Through the Navy Federal Credit Union

Members of the military may also qualify for loans through the Navy Federal Credit Union, which offers complete financing for those who are eligible. The main caveat is that you must be purchasing a primary home to live in.

Qualified individuals to receive this kind of loan include members of the military, certain civilian military employees, and some family members. This loan also has a small funding fee, and you do not have to put down a payment to be eligible for funding.

Loans Through the Federal Housing Administration

The Federal Housing Administration, or FHA, offers a mortgage option for individuals who have bad credit histories. Unfortunately, you will need to put down a percentage of the mortgage upfront. On the bright side, this percentage is much lower than the standard down payment, giving you maximum opportunity to save.

Additionally, the FHA charges a funding fee for the mortgage as well. The cost of this fee is based on the mortgage amount, down payment amount, and the time span in which you intend to pay it back.

What To Do Next

Remember that each person's situation is a little bit different. Qualifications can vary based on a variety of circumstances. You can speak with a real estate professional to learn more about the options for purchasing a home in your area.