Myth Busted: You Don't Need 20% Down to Buy a Home

Riverside, CA, June 4, 2025 -- Many aspiring homeowners believe they need a 20% down payment, but that's not always the case, according to local real estate agent Leticia Palos. In a recent video, Palos debunks this myth, explaining that several programs can help buyers purchase homes with as little as 3-5% down, or even 0% down through VA or USDA loans. "Many buyers wait years trying to save 20%, thinking it's the only way," says Palos. "But they could be closer than they think." She encourages those interested in exploring these options to contact her directly. Palos's video highlights the importance of understanding the available financing options to achieve homeownership.