Buying A Home In Your 20s Apr 2026

: Most lenders look for a score of at least 620 for conventional loans, though some government-backed programs accept scores as low as 500 with a higher down payment.

: Provides 0% down options for homes in designated rural areas.

: Requires only 3% down and is backed by Fannie Mae or Freddie Mac.

: Buying a home can reduce your flexibility to move quickly for a new job or lifestyle change. Most experts suggest only buying if you plan to stay for at least 5 to 7 years.

: Instead of paying rent that "vanishes," your monthly mortgage payments build ownership stake in a valuable asset.