Varma Realty Group

MYTH BUST MONDAY: You need 20% down to buy a house.

Reality: Many buyers can purchase with 3-3.5% down; sometimes even 0% down.
Here’s what your options really look like:

🏠 FHA loan: 3.5% down (that’s $10,500 on a $300k home, not $60,000)
🏠 Conventional loan: as low as 3% down
🏠 VA loan: 0% down for veterans and active military
🏠 USDA loan: 0% down in qualifying areas (including parts of Cincinnati and NKY)
🏠 Down payment assistance: Ohio and Kentucky both have programs that can cover part or all of your down payment

The 20% myth keeps renters renting for years longer than they need to. Every month you wait to hit that number, you’re paying someone else’s mortgage instead of building your own equity.

DM me and we’ll run the numbers. Let’s find out what you can buy right now. 👇