Are you aware that there are several down payment assistance options as well as lower interest bond rates available for first time homebuyers? These programs can assist buyers with funds needed for down payment but can also make a difference in the amount of home you qualify for. I will often use a combination of a down payment assistance program and seller contribution to cover all down payment and closing costs for my clients. I have assisted hundreds of clients negotiate their home purchase with less than $300 out of pocket expense to them. This scenario can work for both new or resale homes.