FHA loans require a minimum 3.5 percent down payment for borrowers with a credit score of 580 or higher. Borrowers with a credit score of 500 to 579 must put at least 10 percent down. Along with your ...

For many prospective homebuyers, coming up with a down payment can be a massive obstacle to homeownership, especially when home prices are high. Federal Housing Administration (FHA) loans are one of ...

FHA loans were created to encourage and help first-time homebuyers since the down payment for these mortgages backed by the Federal Housing Administration can be as low as 3.5 percent. A traditional ...

WASHINGTON — Federal Housing Administration Commissioner David Stevens defended the agency's plans to rebuild its capital reserves without across-the-board down-payment increases. Testifying at a ...

An FHA loan is a type of mortgage geared toward borrowers with lower credit scores or who otherwise don't qualify for a conventional loan. You can use an FHA loan to buy, build or renovate a home, or ...

Saving up for a down payment, even a 3.5% down that FHA often requires, is an insurmountable struggle for a plethora of low-income, hard-working Americans. But about 150,000 families without the cash ...

Increasing the minimum down payment required for a Federal Housing Administration (FHA) loan from 3.5 percent to 5 percent could be a double whammy, affecting both potential homebuyers and the economy ...

The head of the Federal Housing Administration has informed lenders that loans receiving down payment assistance can continue to benefit from government insurance, despite past questions over the ...

It’s a big roadblock on the path to homeownership: the down payment. Now some lenders are backing away from FHA loans, the key program allowing low down payments and favorable interest rates for many ...

Saving up for a down payment, even a 3.5% down that FHA often requires, is an insurmountable struggle for a plethora of low-income, hard-working Americans. But about 150,000 families without the cash ...