How To Buy a House with Little or No Down Payment in DC, VA and MD?

Join us to uncover the secrets of becoming a homeowner even if your pockets are feeling a bit light - we've got the tips you need!

By Buckingham Mortgage LLC

Date and time

Location

Online

Agenda

The True Value of Down Payment Assistance

Top Down Payment Assistance Programs

DPA Grant - Forgivable option

What do you need to know about requirements?

Which option is best and fastest?

Q&A

About this event

Event lasts 1 hour

Thinking about buying a home but unsure how to afford the down payment? You’re not alone—and we’re here to help.Join us for the first session in our HomeBuyers Webinar Series where we’ll break down how you can purchase a home with little or even no money down. Whether you’re a first-time buyer or just exploring your options, this session is for you.What we'll cover:✅ Down payment assistance programs✅ Low and no down payment mortgage options✅ Who qualifies—and how to apply✅ Live Q&A to answer your specific questionsWhy attend?Because buying a home should feel possible, not overwhelming. This is a friendly, no-pressure session—bring your questions, bring your curiosity!Perfect for:- First-time homebuyers- Renters thinking about buying- Anyone looking for expert, honest guidancePlus - You ask. We answer. All questions welcome.

Hosted by Buckingham Mortgage, LLC

Speakers:

Melissa Alvarado, MBA, Sr. Mortgage Loan Officer and Sales Manager
Sasha Mrak Hendrickson, MBA, Mortgage Loan Officer and Director of Business Development

Frequently asked questions

Can I really buy a home with no money down?

Yes! There are loan programs like VA and USDA loans that offer 100% financing. There are also down payment assistance (DPA) programs that can cover some or all of your required down payment and closing costs.

What is a down payment assistance program and do I have to repay it?

DPA programs provide financial help—sometimes as grants, forgivable loans, or deferred-payment loans—to cover your down payment or closing costs. Some you never have to repay, others have conditions like staying in the home for a few years.

What credit score do I need to qualify for low or no down payment options?

It depends on the program. Some start around 580–620, but higher scores can open more options and better rates. Don't assume you're disqualified without checking!

Do I need to be a first-time buyer to qualify for help?

Not always. Many programs define "first-time buyer" as someone who hasn’t owned a home in the past 3 years. Some programs also allow repeat buyers who meet income or location requirements.

What income level qualifies for down payment assistance?

Each program has its own limits, often based on area median income. Some are designed for low-to-moderate income households, but many buyers are surprised to find they qualify even with steady earnings.

Organized by

Buckingham Mortgage LLC

Established in 1994, we pride ourselves on being one of the most successful mortgage brokers in the industry. As a 5-star-rated, family-owned business, we boast a remarkable history of consistently providing top-notch customer service. At Buckingham Mortgage LLC, we combine the personalized service of a boutique firm with the stability and resources of a major institution. With a multigenerational, family-oriented approach, we prioritize client education and satisfaction. Buckingham Mortgage is an expert in conventional, non-conventional, commercial, government/agency loans, and reverse mortgages.