The Personal Finance Podcast The Housing Market Is Rigged (Here's How to Beat It) With David Sidoni
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May 6, 2026 David Sidoni, home-buying expert who helps buyers with creative financing and mortgage math, breaks down modern paths to homeownership. He challenges the 20% down myth. He surveys zero- and low-down options, PMI math, stacking assistance and seller credits, and the inventory stat that really drives the market.
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20 Percent Down Is An Outdated Myth
- The 20% down payment rule is outdated and was created by banks, not consumers.
- David Sidoni cites averages: all buyers 15.2% and first-time buyers about 9% (often 3–5% commonly used).
Find Real Zero Down Options Locally
- Use VA and USDA loans for true zero-down options when eligible and check local credit unions for occasional zero-down products.
- David recommends working with a mortgage broker or first-time home specialist to find shifting local zero-down offers.
Use 3 To 5 Percent Conventional Or FHA Strategically
- Consider conventional 3% or 5% down loans and FHA 3.5% for weaker credit or high debt.
- David suggests planning for 8% total (5% down + 3% closing) but often negotiating can cut that total substantially.