Hi what is the lowest possible down payment FHA will accept?

FHA programs allows as low as 3.5% for down payment. You will also need addition funds for closing cost. Feel free to contact me so I can go over on your total estimate closing cost. You can reach me at 408-829-0720 or you can also email me to carlos_h_95@yahoo.com

You are a bit short you will need $4550 on $130K purchase and you will need additional fund for your closing costs. You are perfect FHA candidate. Get your real estate agent to negotiate a seller concession to you so you save money on your closing. Thank You. " Where Answers are Straight - No Gimmicks, No Bait"

If you are doing an FHA it takes 3.5% Down and in your case it comes to $4,550. The other option is to go FHA .5% where you would only put $650 Down with the sales price being $130,000. Contact me for more details.

The lowest down payment for FHA is 3.5% of the purchase price. So, you are only $550 short of the minimum down payment of $4,550 on a $130,000 purchase price. FHA does allow for gift funds from a family member if that is an option..... Also, you may want to check into some state programs like CHF PLATINUM that will give you an actual grant to go towards your down payment and closing costs. Best wishes, Sean

Note sure why nobody suggested it but you could also pull the funds from your 401k or retirement account. Most Retirement accounts don't hit you with penalties for borrowing from yourself so check with your company if you have one. There are also down payment assistance companies that can help as well.

Sorry for my bad grammar it's been a long week. Call me if you have questions 720.210.7898 or text is fine too.

FHA allows you to have gift funds. so either, save a little more, get your Realtor to get the sales price lower, or get a gift fund from someone.. ALSO ,are a vet?? email me at lwintersteen@mprousa.com and I will walk you thru how to get a gift letter and have it down correctly.

The lowest possible down payment FHA will accept is 3.5% of the sales price. It might also be possible to increase your loan amount in order to roll your closing costs into the loan. Also it is important to ask for the maximum seller concessions which for most states can up to 6% of the sales price.

3.5% for FHA. There may be Down Payment Assistance programs available in your area. Check with a local lender to find out.