According to Denver Metro Association of Realtors:
With 48.6% of renters believing they need to put 20 percent or more down on a home purchase, renters are kept thinking they don’t have enough to buy. We need to get the word out! VA and USDA are zero down, FHA allows for as little as 3.5 percent down programs. Additional programs provide down payment assistance funds, as well.
VA LOANS: VA guaranteed loans are made by private lenders, such as banks, savings & loans, or mortgage companies to eligible veterans for the purchase of a home, which must be for their own personal occupancy. The guaranty means the lender is protected against loss if you or a later owner fails to repay the loan.
USDA LOANS: A USDA home loan is a 100% financing (zero down payment) mortgage offered by the U.S Department of Agriculture to home buyers in less densely populated areas of the country. Eligibility is determined by home location, income level, and other requirements.
FHA LOANS: An FHA loan is a type of government-backed mortgage insured by the Federal Housing Administration, a branch of the U.S. Department of Housing and Urban Development, or HUD. FHA home loans have lower interest rates and more inclusive qualifications. Therefore, FHA borrowers pay for mortgage insurance, which protects the lender from a loss if the borrower defaults on the loan.