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What You Really Need To Know About Down Payments

For Buyers Kevin Baum June 17, 2025

You might have heard you need to put 20% down to buy a home, but that's not always the case! Many buyers put down less, often reserving a larger down payment for competitive offer situations.

If you're looking to boost your savings, down payment assistance programs are a great option. Most first-time homebuyers qualify, with the typical benefit being around $17,000.

Want to explore your loan options or learn more about down payment assistance? Be sure to check out downpaymentresource.com.