100% financing, as the name implies, offers complete financing of your property. The other option, 80/20 finance your mortgage with two loans. Loans may be made by the lender, but sometimes the seller or the lender is obligated to reach second mortgage of 20%.

100% financing is easier to handle, but not all lenders offer this type of loan.

Qualifications for the Zero-Down

If a credit score of 600 or more may be best, large cash reserves to qualify, too.

If you choose 80/20 financing with the seller of the second mortgage, you can be treated with sub-prime lenders with a score 560th

Lenders Zero-Down Sub-prime

You can find zero sub-prime mortgage lender with two sub-classic first corner. An arm is more accessible and lower tax rates.  A fixed rate mortgage offers the security of a fixed interest rate for the duration of your loan.
After the improvement of your credit history, you can refinance a conventional mortgage with low interest rates.