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  1. – The minimum down payment requirement for a FHA home loan is 3.5%. Gift Funds Allowed. Gift funds may be used for 100% of your down payment. You may receive gifts from relatives, friends, and even your employer. If you want to use gift funds for your FHA loan down payment, ask your mortgage advisor for details. Do I Need Mortgage Insurance?

    How To Get Pre Approved For Fha Loan 5 Things You Need to Be Pre-approved for a Mortgage – Before you can get serious about buying a home, you need to get pre-approval for a mortgage. Learn what you need to speed up the approval process.

    Borrowers with good credit scores may find that a low down payment conventional mortgage offers a better deal than an FHA loan. How much an FHA loan do you qualify for? Whether you’re buying a home that fits easily within the FHA lending requirements or you’re just on the edge, it’s important to understand the FHA loan before you apply.

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