09/16/2026
Think you need 20%? Think again! 👀
🏡 Myth: A 20% Down
Payment Is Required to Buy a Home
💡 Fact: If I had a dollar for every time a renter told me they were waiting to buy until they saved 20%, I could buy a house in cash!
Here is the truth: The 20% down payment rule is one of the biggest-and most expensive-myths in real estate. While putting 20% down avoids Private Mortgage Insurance (PMI), it is absolutely not required. In fact, the average first-time buyer puts down closer to 6%.
At Corby Realty, our goal is to help you build wealth through real estate now, not five years from now. That’s why I am a proud partner in Legacy Mortgage Partners. Their local loan experts specialize in matching Lehigh Valley buyers with flexible loan programs. They will expertly guide you to the best loan program out there based on your finances and housing goals.
Whether you’re thinking about buying, selling, or simply keeping up with the market, having the right information can make all the difference.
Stay informed, ask questions, and don’t let common myths hold you back from reaching your real estate goals! 💡🔑