@Natalie Kolodij, you make very valid points that can't be argued, but you (and all other millennials) would be pleasantly surprised if you scheduled an appointment with a really good mortgage person (read: someone who has been in the mortgage business for more than five years and has either stayed at her present company or is only at her second company since entering the business - there's a reason I use that as a qualifier) and shared your goals and concerns with her. A really good mortgage person is going to ask you a lot of questions so she can fully understand your financial standing and ferret out possible solutions for you. I'm not saying that she will have an instant solution for you, but a really good mortgage person will be able to give you "a plan" that's both realistic AND achievable. @Benjamin Riehle is right on the money about there being MANY programs and products available to the millennials - quite often, though, the millennials have preemptively withdrawn themselves from the market because they just assume home ownership isn't possible. Do yourself a favor and schedule that appointment - it's free.