Can you get a loan to make a down payment on a house?

I am purchasing my first home (& I really don't know anything about it, smh). I see the down payment would be $8000 and with a 5 Year ARM the morgage would be around $700 a month. I can deal with that, but I can't afford a $8000 down payment as fast as I want to. If I get a loan get I use that to make the... show more I am purchasing my first home (& I really don't know anything about it, smh). I see the down payment would be $8000 and with a 5 Year ARM the morgage would be around $700 a month. I can deal with that, but I can't afford a $8000 down payment as fast as I want to. If I get a loan get I use that to make the down payment? Or could I just get a loan, buy/build a house & fix it up, and pay the bank back with small monthly payments?
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