HUD says FHA borrowers can now receive the $8,000 tax credit up front and can be used for closing but not for a down payment. This is a powerful assistance to your housing needs.
Hey NH Newbie,
Your best bet will be to find a mortgage company/lender that you like and discuss the options that are available with each different loan. The agent will want to make the loan work (that's how they get paid) and so will usually go the extra mile to find a loan that will fit your needs and your down payment .
Best of Luck
Web Reference: http://www.daneandsandra.com
Yes in deed the seller can assit you by paying 3-6% of your closing costs. The seller however can not assist you with your down payment. You can get a gift for the down payment however. Your first step should be to get preapproved, if you need asistance i have some great loan originators i can refer you to. Then your next step is getting a buyer broker to represent you. In most cases you can sign one up at no additional cost to you as they get paid by the listing agent at closing. this way you have someone looking out for you. If you need some asssitance please feel free to email me at firstname.lastname@example.org . either way good luck with your search.