Most People Think They Need To Put at Least 10% Down!
Most People Think They Need To Put at Least 10% Down!
Do you think you need a big down payment to buy a home?
Most people believe they need at least 10% down.
The truth is that’s not necessarily the case. Many buyers put down less than that.
The typical down payment for first-time buyers is actually between 6% and 9%. And depending on the home loans you qualify for, you might only need 3.5%, or even 0% down in some cases.
Your down payment might not be as big a hurdle as you thought.
Let’s talk about your options and how to make homeownership possible for you.
If the down payment wasn’t the thing holding you back, would you be ready to start your home search?
Source: Keeping Current Matters
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July 9, 2025
