You Need Less Saved Than You Think.
Low down payment options on a primary residence, with financing up to $832,750, or up to $1,249,125 in higher-cost counties.
Buy sooner, with less up front.
However much you have saved, there’s likely a path that fits.
- Financing up to $832,750, or $1,249,125 in higher-cost counties
- Low down payment options for a primary residence
- Buyers who have not saved a large deposit
- Purchase or refinance your primary residence
- Gift funds and eligible assistance programs accepted
- Fixed and adjustable rate options
Financing up to $832,750, or $1,249,125 in higher-cost counties
Low down payment options on a primary residence
Gift funds from an eligible donor accepted
Community and affordable second-lien assistance can be layered on
No fixed minimum credit score
Fixed-rate and adjustable-rate (ARM) options
What is the Saxton Low Down Payment Loan?
Agency financing built for buyers who have not saved a large deposit
The Saxton Low Down Payment Loan uses agency programs designed for buyers with limited savings, so a smaller amount up front does not have to mean waiting years to buy.
There is no fixed minimum credit score on this program. Eligibility is determined by automated underwriting, which weighs your credit history alongside your income, assets, and the property. Gift funds from an eligible donor are accepted, and community and affordable second-lien assistance programs can be layered on top.
Use it to purchase a primary residence or refinance the one you own, on single-family homes, planned unit developments, townhomes, and warrantable condominiums, with financing up to $832,750, or $1,249,125 in higher-cost counties.
Why choose the Saxton Low Down Payment Loan?
Built for buyers whose income is ready even if their savings account is not.
First Home Purchase
Buy without waiting years to build a large deposit.
Young Professionals
Strong income, shorter savings history, and a clear path to ownership.
Growing Families
Move into more space without draining everything you have set aside.
Renters Ready To Buy
Turn what you already pay in rent into ownership.
Gift From Family
An eligible donor can contribute toward your funds to close.
Gift Funds Allowed
The down payment can come from a gift on an eligible purchase.
Hear From Homeowners Like You
Frequently Asked Questions
The questions we get asked most about the Low Down Payment Home Loan.
Less than most buyers expect. The exact amount depends on the program, your credit profile, and the property, and is confirmed during underwriting.
There is no fixed minimum credit score on this program. Eligibility is determined by automated underwriting, which weighs your credit history alongside your income, assets, and the property.
Yes. Gift funds from an eligible donor are accepted on a primary residence purchase. On the low down payment programs covered here, gift funds are not available for an investment property, because those programs are for a home you will live in. At least one non-agency program does allow gift funds on an investment purchase, subject to its own limits.
Financing runs up to $832,750, and up to $1,249,125 in higher-cost counties, based on the annual conforming limits set by county.
Yes. Community and affordable second-lien assistance programs can be layered on top of the first mortgage where you qualify for them.
No. First-time buyers and repeat buyers are both eligible.
No. First-time buyers and repeat buyers are both eligible.
Find out what you qualify for
Whether you’re buying your first home or moving up with limited savings, there’s likely a Saxton Low Down Payment Loan option that fits. Get a fast, no-obligation pre-qualification today.
Get Pre-Qualified- Consumer Financial Protection Bureau, buying a house: tools and resources for homebuyers
- Consumer Financial Protection Bureau, mortgages
*Loan amounts, rates, terms, and down payment requirements are subject to credit approval, income and asset verification, and program eligibility. Loan limits follow the annual conforming limits set by county. For 2026 the one-unit limit is $832,750, rising to $1,249,125 in higher-cost counties. Not all applicants will qualify. Saxton Mortgage, LLC is an Equal Housing Lender.