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NASA FCU $0 Down, No PMI Mortgage Purchase

Statewide, California

Last verified
Repayment

Grant

Not repaid

What is NASA FCU $0 Down, No PMI Mortgage Purchase?

NASA FCU $0 Down, No PMI Mortgage Purchase is a grant for homebuyers in Statewide, California.

  • 100% LTV first mortgage from NASA FCU. No PMI. 30-year fixed.
  • 100% LTV first mortgage with no PMI for NASA Federal Credit Union members. 30-year fixed-rate.

Do you have to pay it back?

NASA FCU $0 Down, No PMI Mortgage Purchase is structured as a grant, so it is not repaid.

  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

NASA FCU $0 Down, No PMI Mortgage Purchase is open to buyers who will live in the home as their primary residence.

The program requires

  • The home is occupied as a primary residence
  • Sourced via Homebuyer Wallet (MD20250004). Membership in NASA FCU required (NASA employees, family, or paid member of select organizations).

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What kind of home can it be used for?

NASA FCU $0 Down, No PMI Mortgage Purchase can be used for Single-family, Condo, Townhouse.

Where does it apply?

NASA FCU $0 Down, No PMI Mortgage Purchase serves buyers purchasing in Statewide, California.

How do you apply?

Applications for NASA FCU $0 Down, No PMI Mortgage Purchase go through the administering agency.

  1. Contact the administering agency to reserve funds

    Funds are reserved with the provider and are subject to availability.

  2. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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