VA (Veterans Administration) loans do allow 100% financing. Next in line is FHA, with 3.5% down, and contrary to a previous answer, you may be gifted the entire 3.5%, and accept up to 6% seller concessions. It is true you need $500. in the deal of your money, however, that 500 can pay closing costs, UFMIP, or any other fee associated with your purchase.
I hope these comments help, best wishes in your new home purchase.
We offer free, no obligation analyses to see what programs you might qualify for. We also offer downpayment assistance grants through the FHLB in Atlanta nationwide.
Here is a link explaining this product: http://corp.fhlbatl.com/sc/ahp/first-time-homebuyer.html
It is a 4:1 match up to $5000. If you stay in the home 5 years or more, you do not have to pay the grant back.
American Bank, FSB is federally charted and legal in all 50 states and 7 territories. We look forward to serving you. Jim, 703 615 4675