Asked by Name
If you get an FHA loan with a credit score above 580, you can pay a down payment as low as…
a.0.5%
b.1%
c.3.5%
d.10%
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Answered by
GPT-5 mini
AI
c. 3.5%
FHA loans require a minimum down payment of 3.5% for borrowers with a credit score of 580 or higher (borrowers with scores 500–579 generally must put down 10%).
FHA loans require a minimum down payment of 3.5% for borrowers with a credit score of 580 or higher (borrowers with scores 500–579 generally must put down 10%).
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