You Might Not Need To Empty Your Piggy Bank For Your Down Payment [INFOGRAPHIC]

By Buying, Buying Myths, Down Payments, First Time Home Buyers, Infographics February 3, 2023
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You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC] | MyKCM

Final Thoughts

  • There is a common belief that a 20% down payment is required when purchasing a home. But 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%.
  • Let’s connect to make sure you have a trusted lender and can find out if you’re ready to buy a home sooner rather than later.
About the Author
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Melissa Mitchell, Licensed Real Estate Salesperson

A Licensed Real Estate Salesperson with over twenty years of customer service experience and the highest standards of ethics. As a full-time agent, I've placed my guiding principles at the forefront of my services. By operating my business with honesty, integrity, and commitment, I've built a strong career connecting buyers with their dream homes and helping sellers reach the next chapter in their lives. I'm dedicated to helping you navigate the details of your unique real estate journey from beginning to end. I'm mindful that you have other responsibilities outside of buying or selling a home, so I remain flexible and accommodating based on your needs. Those who work with me know that my passion for real estate is infectious! Clients often describe me as "honest, hardworking, knowledgeable, kind, and patient" with strong listening skills and a true desire to do what is right. If you're thinking about making your next real estate move, contact me today to learn more about how I can work for you, and with you to achieve your real estate goals.