Some Highlights

There’s a common misconception that you must put down 20% of a home's purchase price in order to become a homeowner. The reality is far more encouraging—many buyers, especially those purchasing their first home, are putting down significantly less. Unless you're aiming to make your offer stand out in a competitive market, a 20% down payment isn't a requirement.

In fact, there are several options available that can help reduce your upfront costs. One of the most empowering tools for first-time buyers is down payment assistance. These programs are more accessible than many realize—most first-time buyers qualify, and the typical assistance amount is an impressive $17,000. That kind of financial boost can make a big difference in turning your homeownership dreams into reality.

To explore your options and find the best fit for your financial situation, it's a great idea to speak with a trusted lender. They can walk you through various loan programs and help determine if you’re eligible for down payment assistance. You can also visit downpaymentresource.com to see what programs are available in your area.

Homeownership may be closer than you think. With the right knowledge and support, you can make an informed and confident decision about your future.

If you have any questions or want to dive deeper into your homebuying journey, don’t hesitate to reach out to Mike Panza and the team at Panza Home Group. They’re here to help you every step of the way. For more information, visit: https://panzarealestate.com/team/mike-panza.