Real Estate Vocabulary 101 – An FHA mortgage is a mortgage insured by the Federal Housing Administration. A benefit includes down payments as low as 3.5% for people with a credit score of. and reached a minimum number.
Credit Requirements for an FHA Loan in 2019 – FHA.com – For those interested in applying for an FHA loan, applicants are now required to have a minimum FICO score of 580 to qualify for the low down payment.
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