The 20% Down Payment Myth: What Every First-Time Home Buyer Needs to Know

House Talk with Liz Moore · Jul 24, 2026 · 3m

🎧Episode: The 20% Down Payment Myth: What Every First-Time Home Buyer Needs to Know

Think you need a 20% down payment to buy a home? Think again.

In this episode of House Talk, host Liz Moore busts one of the biggest myths in real estate and explains why waiting years to save a large down payment could actually cost you more in the long run.

You'll learn about the many down payment and closing cost assistance programs available to Virginia home buyers, including grants that don't have to be repaid. Liz also breaks down who qualifies for these programs, why private mortgage insurance (PMI)…