Yes. Financing is available with 10% down. Most likely you wil be doing an 80/10/10, where your first mortgage will be 80% of the sales price, 10% will be a second mortgage from another lender or the same, depending on which bank you use and 10% of your own funds. There are some lenders that offer 1 loan at 90%, however, the mortgage insurance and rate is higher going that route. Another great way would be to do the first mortgage at $417,000 (the maximum conforming loan amount) and the second mortgage for the remainder up to 90%. This will give you a better rate on the first. Now, if the sales price is in the $700,000 range, it makes it a little more difficult to get a second mortgage company to loan $200,000 with a $417,000 first. Being a first time homebuyer in this market, unfortunately, doesn't give you any advantages (especially with your income).