FinancingFinancing_generalEASY
An FHA loan requires a minimum down payment of:
Correct Answer
C) 3.5%
FHA loans require a minimum down payment of 3.5% for borrowers with a credit score of 580 or higher.
Answer Options
A
0%B
3%C
3.5%D
5%Video Explanation3 min
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Related Topics & Key Terms
Related Topics:
fha-loan-requirementsgovernment-backed-mortgagesfirst-time-homebuyer-programs
Key Terms:
FHA loanminimum down payment3.5%HUDmortgage insurance premium
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