Home Down Payment Requirements: How Much Do You Really Need? Most buyers don’t need 20% down. Depending on your loan type and finances, your down payment can be as low as 0–3.5%. Some government-backed programs, like VA and USDA loans, allow qualified borrowers to put nothing down, while FHA loans start at 3.5% with flexible credit guidelines. Conventional loans may accept as little as 3% for first-time buyers. Keep in mind you’ll still need funds for closing costs, inspections, and r... read more

First-time Homebuyer: What Type of Mortgage Should You Get? Buying your first home is exciting, but comparing Conventional vs FHA mortgage options (and other government-backed choices) can feel overwhelming. The good news: you don’t need to be a mortgage expert to decide between FHA or conventional. Each loan serves different credit profiles, down payment savings, and long-term goals. Understanding the basics—especially Conventional vs FHA mortgage differences—can help you choose conf... read more