USDA LOANS and VA LOANS does not require down payment and offer 100% down payment. Part Time income can be used if you have been on the job for at least 2 years. You need 3.5% down payment on purchase with FHA LOANS. Most buyers do not have to worry about closing costs because FHA allows up to 6% sellers concessions by sellers to cover closing costs for home buyers. You will need the down payment money to purchase a home with FHA LOANS. Down Payment can be 100% gifted by family. As for USDA LOANS there are debt to income ratio requirements and as long as you meet the GUIDELINES you should qualify.