I suspected a loan wouldn't work for the down payment, but I wasn't 100% sure. Thanks for clarifying. Oh, I know it's very difficult for poorer people to buy p

I suspected a loan wouldn't work for the down payment, but I wasn't 100% sure. Thanks for clarifying. Oh, I know it's very difficult for poorer people to buy property. Are you familiar with land contracts (also called contract-for-deed)? In certain scenarios, they provide a path to ownership for poorer people, but they're also offered in a predatory manner. I'll add that a poorer person seeking to buy might consider moving out of a big city to a smaller town. Obviously, this approach isn't for everyone. However, if home ownership is that important, you can find nice homes for sub-$150k in many smaller towns. At that price, a 30-year mortgage is under <$1000 a month. Considering how much a two- or three-bedroom apartment may cost in a big city, financially, it works out.