I am a Realtor in KY and have helped many buyers with no down payment buy houses. There are two ways i suggest going about this. One way is by taking advantage of a loop hole in the FHA rules. FHA requires a 3 % downpayment and says the seller can't pay the down payment for you. The loophole is that FHA rules doesn't say a third party can't pay it for you. So, there are all these non-profit organizations that exist for this loophole and we simply write a contract telling the seller to pay the downpayment, plus a service fee, to the non-profit and pay the rest of the closing costs on your behalf. The non-profit gives you the the down payment and keeps the service fee. You give the downpayment to the seller. Done deal. I have done dozens like this.

The second way is by utilizing a state program that is available to lower income people/families that offers a minimum of $5,000. The moeny is actually assigned as a small second mortgage, but you never have to pay a dime on it and it is completely foregiven 20% per year over five years.

If your boyfriend makes the majority of the money, you might be good to go today, but ultimately I suggest you speak to a mortgage broker first to see what your options are. You may have to take some time for credit repair, and if you live in Jefferson county there are specific programs available for that repair. email me if you have any other questions