There is assistance out there for low income home buyers. SONYMA (State of New York Mortgage Association) has a $10,000 down payment assistance grant. If you have no credit history, it's almost as bad as a poor credit history. Also, you may be able to get an FHA loan but you do need to have at least 3.5% of the purchase price to put down as a down payment and finance the rest. You may want to speak with a bank and also a credit counselor on building your credit.
Certified Buyer Representative
Senior Real Estate Specialist
Century 21 Princeton Properties
In The Top 2% of Century 21 Agents Nationwide!