There is the general assumption that you MUST HAVE 20% down in order to buy a home. Is that true? Nope! There are dozens of ways to get into home ownership, but each person's scenario will be varied in budget, goals, and criteria.

Should you try and buy a home with NO money down? (not always!) My personal opinion is that if cash is the only thing stopping you from purchasing, but you have more money on the way soon or you plan to own the home for at least 3 years - it's worth looking into. Most specifically, we focus on $0 down VA loans and can wrap every dollar into your loan for our active duty and past military members. (Psst: did you know you can use your VA loan unlimited times in your lifetime??) If you have steady BAH and are just lacking the $20k in closing costs but you know you'll be set once you get reimbursed from PSCing- let's rock and roll, no need to wait.

BUT - If you are lacking cash becuase you have high credit card debt, limited monthly income from your job, and overall feel a tight monthly budget, myself and your lender will work together to help you decrease any risk and talk about pros and cons of buying with $0 cash.

Or for those with investing goals, $0 down for an investment property can make sense if we run the numbers and ROI looks positive!

There are big PROS to having cash and using patience to wait until you have some savings. Some top reasons to save up cash include:

+ lower interest rate

+ you'll look more serious as a buyer to the seller

+ if you have 20% down you wont have to pay mortgage insurance

+ lower monthly payment

Needless to say, financing a home is not a one size fits all scenario.

Step 1 will always be to reach out to me so we can assess your goals and timeline.

Step 2 set up a time to chat with a lender and review all the options available to you. Complete pre-approval application. Get pre-approved.

Step 3 we'll start looking at homes and researching neighborhoods.

Step 4 submit offers and negotiate a deal.

Step 5 navigate escrow and close!