🏡 What to Do If You Don’t Have a Down Payment Saved Yet
Don’t Have a Down Payment? You’re Not Alone
Many first-time buyers feel embarrassed to even ask about homeownership because they think they need tens of thousands saved. Here’s the truth: you don’t have to have it all figured out upfront.
There are several smart ways to get started without putting yourself in a risky financial position.
1️⃣ VA and USDA Loans
If you’re a veteran, active-duty military, or buying in certain rural/suburban areas, these programs can offer 100% financing — meaning no down payment required.
You’ll still need to cover closing costs and other expenses, but this can be a great way to get started if you qualify.
2️⃣ Gift Funds
Family members can legally gift all or part of your down payment. This isn’t about creating debt — it’s about family helping family build stability and wealth.
Proper documentation is required, and it can significantly reduce the cash you need to bring to the table.
3️⃣ Realtor and Lender Contributions
Here’s a key insider tip: your Realtor is considered an “interested party” in the transaction.
That means, by law, they can legally contribute a portion of their commission toward your closing costs if they choose.
So when someone says, “the lender has to cover it,” remember — the Realtor also has the ability to help. Combined with smart structuring from your lender, we can often find creative ways to reduce upfront costs — without cutting corners or bending rules.
Real Talk: You’ll Still Need Some Funds
Even with the best programs and strategies, you’ll need money for inspections, appraisals, and moving expenses.
But that doesn’t mean you can’t start planning today. Together, we can build a short-term plan — maybe three months, maybe six — to get you in position with a realistic goal and timeline.
Take Action, Not Shame
Don’t let a lack of cash stop you from getting clarity.
Once we know your numbers, we can build a plan that works for you, not against you. It’s not about perfection — it’s about preparation.
I’m Ashley Courville with The Complete Home Experience — here to help you take the first step, no shame, no pressure, just a plan. Book a Strategy Call!
