Can I buy a home with only 3% down in Colorado?
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Yes. Many buyers are surprised to learn they don’t need 20% down. There are conventional loan programs that allow qualified buyers to purchase with as little as 3% down, along with FHA loans requiring 3.5% down and several Colorado down payment assistance programs that may help eligible buyers with upfront costs. The right program depends on your financial situation, but a smaller down payment doesn’t automatically mean you’re making a poor financial decision. Sometimes preserving your savings is the smarter move.