Ask and look into FHA home loans. The intrest rate is a tad higher (unless you pay the points up front) and 3% dp is needed but teh monthly's are tend to be a little lower and it's a loan backed by the governement. In douglas co the maximum limit for the FHA loan is 250k. 100% financing is going to up the monthly payments a nice amount. That is the route my girl and I are going. We are on route to closing in mid march or so. Shooting for no closing costs. I highly recommend you get an agent, they do all the leg work for ya, so all that you need to do is actually go look at the homes you'd be interested in and then sign. I am actually going through prudential, a friend is an agent there and he is handling it all, we just show up and look at the houses we agree on after looking at them online.