While 20% is the gold standard to avoid private mortgage insurance (PMI), many first-time programs allow for as little as 3% or 3.5% down.
Your lender will require an appraisal to ensure the home is actually worth what you’re paying. 6. Closing the Deal guide to buying a home first time buyer
I can then help you find specific first-time buyer programs or local market tips. While 20% is the gold standard to avoid
Don't rush. It’s easy to get caught up in a bidding war or settle for a house that doesn't fit your needs because you're tired of looking. Stay patient, stick to your budget, and remember that the right house is the one that provides both shelter and peace of mind. stick to your budget