At present, over 42% of total U.S homeowners used a mortgage to help finance their home, while 48% have used cash. In 2022, 97% of homebuyers put down an average down payment of
6% on their home. Of course, the greater your down payment, the smaller your loan, however, 6% is an acceptable amount for a down payment.
Unless you are purchasing the home in cash, you are going to need to take out a loan.