In parts 1 and 2 of How To Get A Mortgage With Little To No Down Payment, we shared ways you can save tons of money on mortgage down payments. From PMI and USDA to Navy Federal and VA loans, owning your own home without a giant down payment is feasible. In part 3, we cover one other way you can save money on your down payment.
FHA Loans – If your credit history is poor, this low down payment option may be just right for you. In most cases, there’s a minimum down payment of 3.5%.