Buying Options | Home

Rising costs have popularized creative ownership strategies and new investment platforms.

: Buying a multi-unit property (or a home with extra rooms) and renting out parts to cover the mortgage payments.

: Major banks have specialized 2026 programs, such as: home buying options

: Provides Homebuyer Grants between $2,500 and $5,000 for closing costs or rate buydowns in eligible areas.

: Offers the Down Payment Grant providing up to $10,000 or 3% of the purchase price. : Offers the Down Payment Grant providing up

: Renting almost always wins due to high closing costs (typically 3–5% of the loan).

: Many states offer second mortgages with 0% interest that are completely forgiven if you stay in the home for a set period (often 3–5 years). : Backed by the Federal Housing Administration, these

: Backed by the Federal Housing Administration, these require only 3.5% down and are more flexible with lower credit scores (as low as 580) and higher debt-to-income ratios.