Can I Buy My First Home with Less Than 20% Down?

One of the biggest myths about buying a home is that you need a 20% down payment.

Depending on the loan program and your qualifications, financing options may be available that require substantially less down.

Every buyer's situation is different, so speaking with a qualified mortgage lender is one of the best first steps you can take.

If you're just beginning your home-buying journey, read our complete guide:

How to Buy Your First Home in Katy, TX: A Step-by-Step Guide (2026)

About the Author

Jonathan McNabb, REALTOR®
Broker/Owner | Nest Ahead

Jonathan McNabb is a REALTOR® and Broker/Owner of Nest Ahead, helping buyers, sellers, and relocating clients throughout Katy and the Greater Houston area. He specializes in first-time home buyers, relocation, new construction, and residential real estate, while creating educational resources to help consumers make informed real estate decisions.