Wish People Understood How Little Is Required to Buy a Home 💡🏚️ Think you need perfect credit or $50K saved to buy a home? Think again. Most first-time buyers don’t know about renovation loans, but here’s how they work: ✅ FHA 203k loan: Buy a home with as little as 3.5% down and finance repairs into the mortgage. That means you don’t need cash upfront for upgrades or fixes. ✅ Conventional HomeStyle loan: Buy a fixer-upper with 5% down, and the renovation costs roll right into your mortgage. ✅ VA renovation loan: 0% down option for eligible veterans (yes, seriously). These loans let you: 🔸 Buy a home that needs work (fewer bidding wars!) 🔸 Build instant equity by improving the home 🔸 Keep more of your savings for emergencies, furniture, or your next big goal 🔸 And stop waiting for “the perfect house” that costs $100K more. Don’t get stuck renting because you think you can’t afford a home. Follow for more real estate and mortgage education! #homebuyingtips #mortgagetips #loanoptions #marketconditions #mortgageloans