You will not get much luck working through a private lending agency with that kind of liquid and no down. Your only viable option at this point is buying a HUD home with an FHA loan. (HUD stands for housing and urban development) they are basically government homes that are not as nice but
...luckily .these HUD homes are an incredibly good deal....
....HUD takes back homes from people that can’t afford to be in them. Then they are just stuck with these houses that are not making any money. They need to get them off their hands.
...Keep in mind, that using the right lending agency is crucial. A lower interest rate makes all the difference in being able to afford a home or not.
Different lenders all have different practices and you will find that some lenders try to charge you way more than reasonable. .
Not all lenders are able to finance HUD I would find an agency that does FHA loans and are HUD approved.
You may be eligible for FHA-insured mortgages. This means even if you had credit challenges in the past, you may get approved because the FHA (Federal Housing Administration) is helping you as a citizen of this country
And if you’re a veteran, you can also qualify for a VA loan. Not to mention HUD will often pay your closing costs and broker’s fees! And offer you government down payment assistance