Are you planning on using securities for your down payment? If you do not have the cash to put toward a down payment that is okay as long as you have securities to put down instead. It is not uncommon for people to use securities as their down payment instead.  As long as you have 20 percent of the value in securities and you put them down you are all set. To the lender there is virtually no difference between securities and cash, as long as they are worth the same amount of money the lenders will be perfectly happy. At least this way they will be the ones getting your business. If you do this you will be starting out with no equity in your home or your property, in fact even in a few years the only equity that you have may be the appreciation value of your property. But in the end your actual wealth will be growing when the amount is invested in these securities. You see the securities are building wealth all of the time, you could be earning as much as 20 percent on your securities every year. Your down payment is going to affect your entire mortgage so think all of your decisions through carefully and compare all your options.