Awasome No Down Payment First Time Home Buyer References. 4 choose your service providers. If you have a credit score of at least 580, you can be approved for an fha loan with a down payment as low as 3.5%.

Lenders usually calculate your down payment as a percentage of the purchase price on the home. Lmi can range from $0 for a quick start loan up to 5.1% of the loan amount. Ad use our home loan interest rate comparison table to calculate repayments from top lenders.