08/03/2026
Think you need 20% down to buy a home?
Good news: you may not.
Many qualified buyers purchase with less than 20% down, but that does not mean you should start shopping without savings or automatically choose the smallest down payment possible.
The right strategy depends on your credit, income, monthly payment, available funds, and what you want your finances to look like after closing. Grant and assistance programs may also be available, but qualifying for one does not automatically mean it is the best option.
The goal is not simply to get into a home. It is to buy with a plan you can comfortably maintain.
Follow on TikTok and Facebook for weekly homebuying education, and always feel free to reach out directly with questions:
[email protected]
813.435.9081
www.signinghomeloans.com
Our next homebuying class taught entirely in ASL by Margie Hennessey is Tuesday, August 18 at 7:00 PM ET.
Register free at HBFR.org, and please pay close attention to the class date you select because not every class is taught in ASL.
Know someone who still thinks 20% down is always required? Share this with them.