Posted on: 03rd Aug, 2009 10:02 pm
what is the minimum for an fha loan.
For an FHA loan the minimum down payment is 3.5%. Hope this helps.
hi tiffanyqrant
A great point about FHA loans is that you can buy a house with a down payment - only 3.5%. That's one of the lowest down payments for any mortgage loan offered in today's economy.
A great point about FHA loans is that you can buy a house with a down payment - only 3.5%. That's one of the lowest down payments for any mortgage loan offered in today's economy.
3.5% and you need to pay MIP of 1.75% and also monthly PMI