Homeownership is fraught with many unknown, unforeseen expenses. They are ongoing and constant... from landscaping, furnishing, repairs, taxes, insurance... oh the list goes on and on. Even though you can likely get a 100% loan, until and unless you can manage to save a fair percentage of the purchase price... I'd consider renting, or living with relatives, your best option.
Community Housing Innovations currently has one program available to provide down payment assistance to first-time homebuyers.
"Westchester Local Home Purchase Program"
This Program offers up to $30,000 of acquisition funding in the form of additional down payment and/or closing cost assistance.
Kenneth DÃaz â€¢ Associate Broker
â€¢ Office: 914 798 9132 â€¢ Cell: 914 523 5548