I always see it on television and realtors are always hinting at it as an alternative if you don't have much money, but what exactly do you have to do and how much do you REALLY need to buy a home with NO MONEY DOWN?

I'd really like to get this home that starts in the mid 300's here in Easton. But I'm an average worker with average income (around 30,000/yr)

How do I qualify for no money down and what would my monthly cost be? I can only afford about what I'm paying rent for and that's $850. I guess I could swing $900 a month if I budgeted my income differently and cut out some expenses I indulge in.

Any info would be helpful.

Thanks.
I'm single and would be a first time buyer if that helps any.

The possiblity of getting a no money down loan for you is minimal. THe "great" deals you see on TV are generally get rich quick scheme for someone else. You pay and get nothing of practical value.
Given the info you have, You would not qualify for a mortgage greater than 150,000 in your and that is pushing it. Esp since you have no money down, the current loan market would be very unlikely to loan you any money. You need to save up some money for a down payment. Esp given a relatively low gross income. Your goal of a mid-300's is unrealistic.