Home Loans No Down Payment First Time Buyers FHA Down Payment Grants for 2019. The FHA Loan is the type of mortgage most commonly used by first time home buyers and there’s plenty of good reasons why.. Purchase or refinance your home with an FHA loan. You can get one with a down payment as low as 3.5%. Browse through our frequent.590 Credit Score Home Loan Making Home affordable refi homeowners get more time for HARP refinancing – Homeowners who owe more than their home is worth will get another shot. "This new offering will give borrowers the opportunity to refinance when rates are low, making their mortgages more.