You Must Put 20% Down to Buy a Home

Many potential homebuyers believe that buying a house means needing a massive upfront savings — especially the widely repeated idea that a 20% down payment is required. In this edition of Property Perspectives, real estate expert Sari Harner of California Vibes clears up that misconception and explains why it shouldn’t stop buyers from exploring their options.

Sari says the belief that 20% down is mandatory has discouraged countless people from even starting the homebuying process. While putting more money down can reduce monthly payments and eliminate private mortgage insurance, it is not a requirement for most buyers. In fact, many loan programs are specifically designed to help people buy homes with far less upfront cash.

During the segment, Sari highlights several common financing options available today. FHA loans can allow qualified buyers to purchase with as little as 3.5% down. VA loans offer zero-down options for eligible veterans and active-duty service members. USDA loans may also provide zero-down financing for homes in qualifying rural areas. Even conventional loans can sometimes require as little as 3% down for first-time buyers.

Sari emphasizes that the right loan depends on a buyer’s unique financial situation, long-term plans, and comfort level with monthly payments. She encourages buyers to have honest conversations with lenders and real estate professionals early in the process to understand what’s realistically possible.

Property Perspectives aims to educate viewers and remove unnecessary fear around buying a home. For more real-world guidance, market insights, and homebuying tips, visit Sari Harner online at https://californiavibes.net/.

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