Browse affordable mortgage options from U.S. Bank.

There are a variety of home loan assistance programs that can make purchasing or maintaining a home more affordable. And because your needs are unique, we have options for different income levels and financial situations. Explore the features and benefits of each so you can make an informed decision about your future as a homeowner. You can also compare all mortgage loan options in one easy spot.

U.S. Bank American Dream loan

Works with other down payment and grant programs

  • Down payment as low as 3% of purchase price
  • Up to $10,000 in assistance funds
  • Mortgage insurance paid by U.S. Bank

U.S. Bank Access Home Loan

Up to a $5,000 lender credit

  • Down payment as low as 3% of purchase price
  • Up to $12,500 in assistance funds
  • Mortgage insurance paid by U.S. Bank
  • Available in select locations

FHA loan

Lower credit score requirements

  • Down payment as low as 3.5% of purchase price
  • Flexible qualification guidelines
  • Requires mortgage insurance

VA loan

No or low down payment options for military members

  • Doesn’t require mortgage insurance
  • Flexible qualification guidelines
  • Simplified approval process

Crunch the numbers with our mortgage affordability calculator.

Determining your budget is a crucial first step in the homebuying process. Our mortgage affordability calculator can help you estimate your target purchase price based on the information you provide. You can calculate this based on your income or the amount you wish to pay each month.

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Enter your down payment.

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Affordability breakdown

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Prequalification doesn’t affect your credit score.

Homebuying truths that might surprise you

Information about buying a home is abundant – and sometimes confusing. If you’re new to the process, here are a few truths you need to know.

See what it’s like to be a first-time homebuyer.

Our first-time homebuyer guide can help if you’re wondering how to prepare for buying a first home. Watch videos to learn about others’ first-time homebuyer experiences and how they made the dream of homeownership a reality.

Learn how they navigated buying their first home.

Spend a few minutes with Shavez and Rosa. Hear about their experience and how their goal of homeownership became a reality with the help of a U.S. Bank mortgage loan officer.

Find out how she purchased the home she’d rented for 15 years.

Get a glimpse of Melody’s experience going from renter to owner. Find out how she was able to use the U.S. Bank Access Home Loan to make it possible.

Our mortgage loan officers can answer your questions and help you through each stage of your homebuying journey.

Check out our homebuying resources.

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What is down payment assistance?

Discover how down payment assistance can help you achieve homeownership.

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Can you buy a house with low income?

Read about the options and programs that may make it possible.

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What credit score do you need to buy a house?

Get insights on credit scores, why they matter for mortgages and how to maximize yours.

Get answers to common questions about affordable home loans.

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Disclosures

Loan approval is subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rate and program terms are subject to change without notice. Mortgage, Home Equity and Credit products are offered through U.S. Bank National Association. Deposit products are offered through U.S. Bank National Association. Member FDIC.

The American Dream loan product offered by U.S. Bank is not the same as the American Dream Downpayment initiative administered by HUD’s Office of Community Planning and Development under the HOME Investment Partnerships Program.