Do I need to put 20% down to buy a home?

The quick answer: Nope! There are many options for putting less than 20% down, for example…

A qualified and eligible Veteran might be eligible for NO money down with a VA Loan! Or, a first-time homebuyer might be eligible for as little as 3% down with a conforming conventional loan. All in all, there are plenty of options for eligible homebuyers to buy a home and put less than 20% down.

Thank you for tuning in to this Joe Knows Mortgages Minute! If you have any home loan related questions, we want to hear from you, so please comment down below! If you liked this video, please share this information with your family and friends. See you again soon!

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Joe Harris

Chief Operating Officer

Joe Harris is the COO of Morgan Financial, where he oversees operations, sales, and marketing to ensure a fast, enjoyable, and consistent mortgage experience. With more than 25 years in the industry and over $1 billion funded, Joe combines deep expertise with a passion for helping clients achieve homeownership. He is also dedicated to training and equipping loan officers with the tools and strategies they need to thrive in a competitive market.

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