Buy A Home With Less Than 20% Down

Many people believe that you need a 20% down payment to buy a home. However, this is not always the case. There are several programs available that allow you to buy a home with less than 20% down.

Here are some of the benefits of buying a home with less than 20% down:

You can start building equity sooner.
You can lock in a lower interest rate.
You can avoid paying private mortgage insurance (PMI).
Here are some of the programs that allow you to buy a home with less than 20% down:

FHA loans
VA loans
USDA loans
Conventional loans with less than 20% down
If you're interested in learning more about buying a home with less than 20% down, I've created a free home buying cheat sheet.