What is the usual down payment requirement for fha loan?

1
Rahul VonRueden asked a question: What is the usual down payment requirement for fha loan?
Asked By: Rahul VonRueden
Date created: Sat, May 8, 2021 5:14 AM
Date updated: Wed, Aug 24, 2022 9:08 AM

Content

Top best answers to the question «What is the usual down payment requirement for fha loan»

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. It's a big pothole on the road to homeownership: the down payment. But Federal Housing Administration loans allow down payments as small as 3.5%.

Your Answer