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  2. 'Imagine buying a $100K property with only $5K ... - AOL

    www.aol.com/finance/imagine-buying-100k-property...

    The Federal Housing Administration (FHA) offers mortgages with a minimum down payment of 3.5% — but, unlike Fannie Mae, there’s a mandatory self-sufficiency test for those buying 3-4 unit ...

  3. I’m a Real Estate Agent: Here’s How You Can Invest $50,000 in ...

    www.aol.com/m-real-estate-agent-invest-160049008...

    Fannie Mae recently lowered down payments to 5% on owner-occupied two, three and four-unit properties. “The new announcement means your $50K can buy you a $1 million rental-income property ...

  4. Government policies and the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_policies_and...

    "Over the past decade Fannie Mae and Freddie Mac have reduced required down payments on loans that they purchase in the secondary market. Those requirements have declined from 10% to 5% to 3% and in the past few months Fannie Mae announced that it would follow Freddie Mac's recent move into the 0% down payment mortgage market." [153]

  5. Fannie Mae and Freddie Mac aren’t your neighbors - AOL

    www.aol.com/finance/fannie-mae-freddie-mac-aren...

    With a conforming loan, you might qualify with a credit score as low as 620 and a down payment as low as 5% (though anything less than 20% will require private mortgage insurance, so that’s ...

  6. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    The basic FHA mortgage insurance program is Mortgage Insurance for One-to-Four-Family Homes (Section 203(b)). [24] FHA allows first time homebuyers to put down as little as 3.5% and receive up to 6% towards closing costs. However, some lenders won't allow a seller to contribute more than 3% toward allowable closing costs.

  7. Federal Housing Administration - Wikipedia

    en.wikipedia.org/wiki/Federal_Housing_Administration

    Moreover, prospective homebuyers were required to make substantial down payments, often ranging from 30% to 50% of the property's value. With the advent of FHA-insured loans, the down payment requirement was significantly reduced, with borrowers now only needing to provide as little as 10% down.

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