You May Not Need as Much as You Think for Your Down Payment Many people believe you need to put down 20% of the purchase price when you buy a home. But according to NAR, recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%. These programs are popular among first-time home buyers and seasoned home buyers alike.Let's connect to make sure you have a trusted mortgage broker on your side. We can help you find out if you're ready to buy a home sooner rather than later! Verify your mortgage eligibility (Sep 22nd, 2023) Show me today's rates (Sep 22nd, 2023) buy a home first time homebuyer first-time home buyer homebuyer homebuying homebuying process homeowner homeownership loan options mortgage rent vs buy Executive Financial Group East Greenwich Click to Call or Text: (401) 735-8100 This entry has 0 replies Comments are closed.