<prompt> Human: rpersonalfinance,I have begun to look more seriously into purchasing a home with my long term SO and am looking for input on our decision. We have lived in our pricey west coast city for just over a year graduated college in 2015 and my SO has only just recently found a high paying job so our down payment is currently limited to 3. By my estimate it would take about 3 years of savings at our current rate to reach a 20 down payment. I would like to own and be building equity much sooner than this. Household Income - 120k 130k in April after a promotionDown Payment - 3 down on a 350-400k home Credit Scores - 795, 790Emergency Fund - 3 months of expenses and increasing now that the household income has recently gotten much largerMy Debt - NoneSO Debt - 13k student loans, 14k car loan. EDIT: 550 per month between all loansCredit Accounts - 4 credit cards, 2 lines of credit Is purchasing a home with only 3 down a viable option? I realize I will be paying a few hundred extra per month in mortgage fees, however in the end I see owning the home as a financial advantage. Our current lease ends in June and can be bought out for 3k.My employer has put me in contact with a realtor John L Scott where I receive a 20 rebate on the realtors commission. I have also been put in contact with a lender First Choice Loan Services and been given a 20 discount on lender fees. Are these reputable companies to be working with? Am I better off leaving the discount my company has provided in lieu of another realtor or lending company? I bank through WF if that makes any difference. While I was in school, my family purchased a property in my name to help my credit. Unfortunately I believe this means I am no longer eligible for any first time homebuyer rates, although my SO is. Feel free to tear me apart here, Im interested in getting some feedback before moving things forward with the lending company and realtor.  <response>: I would not buy a 400k house on 130k income with only 3 down.I would not buy a house with someone who I was not married to. 