09/17/2026
Think you need 20% down to buy a home? š”
You may have more options than you think.
Depending on your situation, there are loan programs that may allow for much less down ā and some qualified buyers may even have 0% down options.
A few examples:
ā¢ VA loans may offer 0% down for eligible buyers
ā¢ USDA loans may offer 0% down on eligible properties
ā¢ Some conventional programs may allow as little as 3% down
ā¢ FHA financing may allow as little as 3.5% down
ā¢ Down payment assistance may also be available
ā¢ In some transactions, seller concessions may help with certain closing costs
The point isnāt that everyone should put as little down as possible.
The point is that you shouldnāt rule yourself out before you know your options.
If youāre thinking about buying in Utah, Iām happy to help you look at the numbers and connect you with a lender who can explain what programs may fit your situation.
No pressure ā just information so you know where you stand. š
Loan eligibility, program guidelines, costs, and seller-concession limits vary by borrower, property, loan type, and transaction.
