Homeownership is the American dream, but first-time homebuyers have a lot of hurdles when it comes to making that dream a reality. One of the biggest challenges is the 20 percent down payment that is often required when obtaining a traditional mortgage.At Goodwyn Building, we have seen too many hopefuls delay or give up their homeownership dreams because they do not have a down payment.Read More: Tips That Will Help You Save for a Down Payment