Low Down Payment Mortgage Loans

Loan down payments stop most buyers from buying a used home or a new home. But with low down payment home loans such as FHA mortgage loans, you would only need 3.5% of the purchase price as a down payment!

That would mean that with an FHA mortgage loan, you would only need $12,197 as a down payment for this beautiful $348,500 new home pictured below!

Courtesy of HDA© Copyright by designer/architect

House Plan #592-073D-0037

A Grand Beamed Entry With Arched Window

1665 Sq. Ft., Width 45'-8", Depth 41'-8"

3 Bedrooms, 2 Full Baths

Not only are down payments lower with FHA mortgages, an FHA loan is the easiest type of real estate mortgage loan to qualify for.

Since FHA loans adhere only to FHA credit qualifications, they offer many options conventional home loans don't, such as being able to use gift money as down payment money, not having perfect credit...read the rest at my Low Down Payment Mortgage.

Carl Heldmann
www.byoh.com