To answer your question...Yes, there is a program which, if you qualify, allows you to buy a home with only .5% down!!! In addition to this you can ask the seller to pay up to 6% of the sales price towards your closing cost. Now this 6% stands as of today (02/19/2010), but may change to 3% only with in the next few months.
This program is really a FHA loan so there are no income limits. This program is only available here in California.
Here is the link to the lender's page where you can apply:
My main contact there has been Bill Gately with