Some Mortgage Loans are Available with Absolutely no Money Needed From You By: Mark Barnes Today, FHA will loan up to 97 percent of the purchase price of a home, meaning a borrower only needs 3 percent. The three percent down payment can come in the form of a gift, and closing costs can be financed into the loan, making this a true no money out of pocket purchase transaction.Now, you may be thinking, I don\'t have anyone to gift..

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