FHA home mortgage loans require a minimum 3.5% down payment. They are insured by the federal government therefore they have low interest rates and are easier to qualify for then some other types of home loans.
Debbie Scarantino with Bank of England Mortgage Tennessee is a credit counselor. If you have further questions about how you might secure a home loan please feel free to use this form to ask your questions and we will be happy to get back in touch with you.
Disclaimer: This is not a commitment to lend or extend credit. All loans are subject to credit approval including credit worthiness, insurability, and ability to provide acceptable collateral. Not all loans or products are available in all states or counties. Bank of England Mortgage is a division of Bank of England. NMLS 418481. Member FDIC.