Steal This Secret Down Payment for Property Skyrocket
Exploring Alternative Financing Options
One viable option is leveraging government-backed loans, such as those offered by the Federal Housing Administration (FHA). These loans require as little as 3.5% down1, making homeownership more accessible. Additionally, the U.S. Department of Veterans Affairs (VA) provides loans with no down payment for eligible veterans and service members2.
Another innovative approach is the use of shared equity agreements, where a third party invests in your property, reducing the amount you need to put down. In return, the investor receives a share of the home's future appreciation. Companies like Unison and Point offer such agreements, allowing you to lower your initial cash requirement3.