🐾 Harley’s Home Tips #12 How Much Money Do You REALLY Need to Buy a Home?

Hey friends — Harley here 🐶🐾
Let’s talk about one of the biggest myths in real estate:
👉 “You need 20% down to buy a house.”
Nope.
That scares a LOT of good buyers away for no reason.
Let’s break down what you actually need 👇
💰 Myth #1: You Need 20% Down
Truth?
Many buyers purchase with:
✔ 3% down
✔ 3.5% down (FHA)
✔ VA loans with 0% down
✔ USDA options in some areas
👉 The “perfect time” to buy usually doesn’t exist.
🏦 Down Payment Is ONLY Part of It
This is where buyers get surprised.
You may also need money for:
• Closing costs
• Earnest money
• Inspections
• Moving expenses
👉 Buying a home is more than just the down payment.
📊 Credit Score Matters Too
Better credit can mean:
✔ Better rates
✔ Lower monthly payments
✔ More options
But don’t assume you’re stuck.
👉 I’ve seen buyers qualify when they thought they couldn’t.
🧾 There Are Programs That Can Help
A lot of people don’t realize there are:
✔ First-time buyer programs
✔ Down payment assistance
✔ Grants in some situations
👉 The key is talking to the RIGHT lender early.
🐾 Harley’s Bottom Line
The biggest mistake?
👉 Assuming you can’t buy before you even ask.
You might be a lot closer than you think.
If you’re curious what buying could realistically look like for you, let’s talk through it — no pressure.
📞 360-261-2062
🌐 stephenburright.com
Paws up,
Harley 🐾

Stephen Burright and Harley Too