First home? You might only need 3% down.
Stop waiting to save 20%. Specialized first-time buyer programs get you into a home sooner than you think.
First-Time Buyer Advantages
Low Down Payment
Qualify for conventional loans with as little as 3% down. FHA loans start at 3.5%.
Down Payment Assistance
We can connect you with local and national grants that cover your closing costs.
Keep Your Cash
Don't drain your savings. Keep liquidity for furniture, repairs, or life.
How to Buy Your First Home
Check Eligibility
See if you qualify for low-down-payment programs in 3 minutes.
Set Your Budget
We'll show you exactly what your monthly payment will look like.
Find a Realtor
We can refer you to a top-rated local agent who specializes in first-time buyers.
First-Time Buyer FAQs
How much do I need for a down payment as a first-time buyer?
Conventional loans can go as low as 3% down for qualified first-time buyers. FHA loans start at 3.5%. You may also qualify for down payment assistance grants that can cover some or all of your closing costs.
What is the difference between FHA and conventional loans?
FHA loans are backed by the federal government and typically allow lower credit scores and smaller down payments (3.5%). Conventional loans are not government-backed; they can go as low as 3% down for first-time buyers but may have stricter credit requirements. We help you compare both to find your best fit.
Can I get help with my down payment or closing costs?
Yes. We can connect you with local and national down payment assistance programs. These grants can help cover your down payment, closing costs, or both—depending on your location and eligibility.
Do I need a real estate agent to buy my first home?
You do not need one to get pre-approved, but you will need an agent to make offers and navigate the purchase. We can refer you to top-rated local agents who specialize in first-time buyers.
Stop paying your landlord's mortgage.
You can likely afford to buy right now. Let us show you the numbers.
See If I Qualify