By:  Cassandra Ingraham

1.  Borrow from your 401K.

2.  Get Pre-Qualified for a Home Loan that you can afford.  Call your favorite real estate agent and tell him or her that you need a buyer that will help with the down payment and or the closing cost.  Owners who need to sell immediately and have not had any serious offers may be willing to help with closing cost and or down payment.

3.  Put an ad in the local (penny saver) newspaper for a lease option property.  Continue to run the ad until you get the kind of response you are looking for. This is a good idea if you have bad credit, yet you have always paid your rent on time.

4.  Call the city in which you live and ask if they have a First Time Home Buyers Assistance Program?

5.  Look for a NO Down Payment Mortgage (100% Financing) You will still need to come up with the closing cost.

6.  Find out more about Equity Share with no down. Must have a credit score of 580 and  $5000 for closing cost. 

7. Move back home with your parents or become a roommate, save money for your closing cost, keep your credit scores up so that you can qualify for a 100% Mortgage.

 Article written by Cassandra Ingraham, Home Loan Specialist for http://www.taxeswilltravel.com .