Article FHA Loan Down Payments. The minimum FHA loan down payment is 3.5% if your credit score is at least 580. You have to put at least 10% down if your credit score is 500 to 579.

Common FHA Questions. Purchase or refinance your home with an FHA loan. You can get one with a down payment as low as 3.5%. Browse through our frequent homebuyer questions to learn the ins and outs of this government backed loan program.

no down payment mortgage companies No Down Payment Mortgage Options – The financial crisis of 2007 and 2008, combined with the nationwide decline in home values at the same time, eliminated many of the no down payment programs offered by conventional and subprime.

Can a Seller Pay the Down Payment on a FHA Loan? – Aside from the down payment, the seller can pay just about anything else for you on an FHA loan. The seller is able to contribute up to 6% of the purchase price of the home as a seller concession. You can then use this money to help you pay any closing costs related to the loan.

FHA Section 245(a) loan – Also known as the Graduated Payment Mortgage, this program is geared at borrowers whose incomes will increase over time. You start out with smaller monthly payments.

when to refinance my home Beginners Guide to Refinancing Your Mortgage. One of the major risks of refinancing your home comes from possible penalties you may incur as a result of paying down your existing mortgage with your line of home equity credit. In most mortgage agreements there is a provision that allows the.low income home programs Housing Assistance in Oregon – OHCS Home / Housing Assistance in Oregon. Housing Assistance in Oregon. Various housing assistance programs that are designed for lower income Oregonians, operate through local agencies (CAAs) and community service providers.

Does an FHA mortgage have a maximum down payment. – Learn if there is a maximum down payment for the FHA mortgage. You can qualify for an FHA loan with a credit score as low as 500 but you.

HUD.gov / U.S. Department of Housing and Urban Development (HUD) – Let FHA Loans Help You. What does FHA have for you? Buying your first home? FHA might be just what you need. Your down payment can be as low as 3.5% of the purchase price. Available on 1-4 unit properties.

Can a Down Payment Be Included in an FHA Loan? – Zacks – Down payment amount. fha loans require a minimum down payment of 3.5 percent as of 2013. The FHA changes the down payment requirement depending on its financial needs. The agency sets down payment guidelines, but lenders may also set more stringent criteria of their own.

FHA Loans. Some lenders offer these loans to borrowers with a 580 credit score with just a 3.5% down payment. The down payment for an FHA mortgage can come from gift funds or through the use of a down payment assistance program or grant. The 3.5% down payment is one of the lowest for any type of mortgage loan.

FHA Down Payment Assistance Program | FHA Grant – The down payment assistance program for FHA loans is 2%, 3%, or 4% of the 1 st mortgage total loan amount with no repayment required. The within reach FHA down payment assistance grant is designed to increase home ownership opportunities.