Obtaining a home loan can be a complex business and there are often a few different options for a borrower or family once they begin payments on a Florida home loan. For people with good credit and for some veterans of the armed forces, a down payment can often be zero dollars if the borrower is approved for 100% financing. There are some loan programs that will require a down payment of three and a half percent of the sale price of the home although there are some programs that can assist in creating gift down payments which can be met through various income limits.