Financing Trends: Cash Purchases, Loan Types & Down Payments
This quarterly dataset measures the share of home purchases made with cash, conventional, FHA and VA loans, as well as data on down payment amounts
Next update: Wed May 27, 2026
About the Data
Redfin tracks what type of mortgage loans homebuyers are using and the average amount of their down payment. FHA loans are insured by the U.S. government and geared toward low-to-moderate-income borrowers. They’re popular with first-time homebuyers because they have lower financial requirements than conventional loans. Conventional loans, the most common type of financing, are not backed by the government. VA loans, which are available to veterans, service members and their surviving spouses, require little to no down payment. This data comes from county records and is subject to revision.
