: These also offer 0% down options for low-to-moderate-income buyers in designated rural and suburban areas.
Buying a home is often the largest purchase you will ever make, and securing the necessary funds usually requires a mix of disciplined saving, strategic borrowing, and leveraging specialized assistance programs. While the traditional 20% down payment is a well-known benchmark, many modern buyers successfully enter the market with much less by utilizing government-backed loans or creative financing options. 1. Traditional Savings and Budgeting
You don’t always need 20% down. Several programs allow for much lower entry points: