Since you are a veteran, your VA benefits allow you to buy a home with no down payment, and, if you are a disabled vet receiving at least 10% disability, you do not have a VA funding fee to add to your loan. If you don't mind buying in the county, outside the designated perimeter for USDA financing, and, if your income and family size permit, that is another no down payment option. Also, if you fit into the guidelines of Alabama Housing Finance Authority Step Up program, and the lender you are using is approved by AHFA, they will assist you with all but $500 of the down payment. There are several options, but would need to meet with you to determine where your family fits in each of these programs. Hope I haven't confused you totally. Call 706-577-1226 if I can be of assistance to you.
Gayle Henderson for Tommy Henderson