Zero Down Payments home loans, It constantly astonishes me how many people want to buy a home, but don’t since they believe that an immense down payment is necessary. Zero down financing are very common, and are quickly becoming the norm, somewhat than the exception to the rule. For the reason that your home is collateral for the loan, there are countless banks that will jump at the opportunity to loan you 100% of its value. Wonderful credit isn’t a necessity, either. Because real estate characteristically appreciates in value, it’s often easier to be approved for a 100% home loan than it is to borrow 100% for a car.