09/08/2026
First-time homebuyers could soon get a new way to find $35,000 for a down payment
There’s a new proposal on the table that could make a real difference for first-time homebuyers: a bipartisan bill would allow you to use up to $35,000 from a 529 college savings account toward your down payment—without penalties. For families who have prioritized education savings, this flexibility could open the door to homeownership sooner than expected. In my years working with first-time buyers, I’ve seen how creative solutions and knowing every possible option can be the difference between dreaming about a home and actually owning one. It’s always about finding the path that fits your unique situation—and this could be a helpful new tool for those mapping out their next steps.
