Homebuyer Myth: You Need 20% Down - Busted.

It’s one of the most common misconceptions I hear: “I need to save 20% before I can buy a home.”

In Charlotte’s 2025 market, that’s simply not true.

Lower Down Payment Options

Today’s buyers can often qualify with as little as 3% down through conventional loans or 3.5% with FHA financing. VA and USDA loans can even offer zero down for qualified buyers.

Why Waiting Could Cost You

While you’re saving, home prices and interest rates can shift. Buying sooner (with the right financing strategy) can actually save money long term.

Takeaway

Charlotte’s housing market continues to reward informed buyers. Don’t let outdated myths hold you back from exploring what’s possible.

📞 Want a personalized look at your buying power? Let’s talk about today’s loan options and local incentives.