If you think you need 20% down to buy a home, think again.
Many have low down payments, much less than 20%. Some as low as 0% down. Actually, the average down payment for first-time homebuyers is around 6%.
There are many financing programs available. That’s why it is important to meet with a lender before looking for a home. By the time you start looking, you will know exactly how much house you can afford. How much you will need as a down payment.
