Think You Need 20% Down to Buy a Home? Think Again

If you're dreaming about owning a home but feel overwhelmed by the thought of saving for a massive 20% down payment, you're not alone. That 20% figure? It's one of the most common myths in real estate.

Let’s bust that myth together and talk about what you really need to get started.

No, You Don’t Need 20% Down

A lot of buyers, especially first-timers, hold off on buying because they believe they have to put down 20%. In truth, most loan programs don’t require that at all.

FHA loans start as low as 3.5%, and VA or USDA loans may not require a down payment at all if you qualify. According to the National Association of Realtors, the average down payment for first-time buyers is actually just 9%. That’s less than half of what most people think they need.

Think about that—how much closer would you be to buying your home if the goal was 9%, or even 3.5%, instead of 20?

There’s Help Out There—And Most Buyers Don’t Know It

Here’s something that might surprise you: nearly 80% of first-time buyers qualify for some kind of down payment assistance, but only 13% actually use it.

These programs aren't just small perks—they can provide thousands of dollars toward your purchase. On average, eligible buyers receive about $17,000 in assistance. That’s a serious boost toward your dream of homeownership.

Even better? In some cases, you can stack assistance programs to maximize your benefits. It’s a powerful way to stretch your savings further and enter the market with confidence.

Guidance That Goes Beyond the Basics

As one of the few A.I. Certified Agents in the world—and the only one in Summit County—I bring something to the table that traditional agents simply can’t: cutting-edge strategies powered by artificial intelligence.

That means sharper marketing, and faster, more confident decision-making. It’s like having an extra edge in your corner—because you deserve every advantage when buying or selling a home.

SEE WHAT A.I. CAN DO FOR YOUR HOME SALE

Let’s Make Homeownership Happen—Together

Buying your first home doesn’t have to mean draining your savings or waiting years to put 20% down. There are options. There is help. And you’re likely eligible for more support than you realize.

Let’s have a conversation about what’s possible. Whether you’re ready to buy now or just beginning to explore your options, I’m here to guide you every step of the way—with honesty, clarity, and your goals in mind.

Call me today at (970) 390-3711
Email: kim@kimobert.com
Visit: www.kimobert.com

Your journey to homeownership might be closer than you think. Let’s get started.