Think you need 20% down to buy a home?

That’s one of the biggest myths in real estate.

In this episode of The Powers Playbook, Aaron Powers breaks down the different ways buyers can source a down payment when purchasing a home — including low down payment loan options, down payment assistance programs, gifted funds, and special programs available for certain professions and veterans.

Whether you’re buying your first home, planning an investment property purchase, or simply trying to understand your options, this episode walks through the realities of today’s lending landscape and explains how buyers can prepare financially to enter the market.

• The difference between FHA, VA, and Conventional loans
• Why many buyers do NOT need 20% down
• How FHA loans can allow buyers to purchase with as little as 3.5% down
• Why VA loans remain one of the best loan programs available for veterans
• How down payment assistance programs work
• The pros and cons of using grant programs and financial assistance
• Special home-buying programs for teachers, first responders, union workers, and more
• How gifted funds from family members can help buyers purchase a home
• What buyers should know before purchasing an investment property
• Why investment properties typically require larger down payments

Buying a home may be more achievable than you think.

The key is understanding:

• which loan program fits your situation,
• what assistance options may be available,
• and how to build a long-term plan that works for your financial goals.

Aaron also explains why buyers should pay close attention to the long-term conditions attached to some down payment assistance programs, including occupancy requirements and repayment obligations.

One of the most important lessons from this episode is simple:

Start saving earlier than you think you need to.

Even small amounts saved consistently over time can help create opportunities later — whether that’s purchasing a primary residence or eventually investing in real estate.

The episode also discusses why having a financial plan, understanding your lending options, and working with experienced professionals can make the home-buying process much smoother.

If you have questions about:
✅ down payment options
✅ loan programs
✅ first-time home buying
✅ investment properties
✅ or real estate in Southern Nevada

feel free to reach out.

📧 info@powersre.com

The Powers Playbook explores the intersection of family, wealth, and real estate. Each episode is designed to help listeners make smarter long-term financial decisions through practical conversations about homeownership, investing, and building wealth.

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