“I am searching for a low down payment option.”
- 3.5% minimum down payment
- 100% of the down payment can be a gift
- Less-than-perfect credit qualifications
- Fixed-rate for primary residences
An FHA home loan from ALCOVA Mortgage can be the key to helping you purchase a home even if you don’t have a lot saved or have less-than-perfect credit. Compared with conventional loans, FHA loans offer lower down payments, lower closing costs, and less restrictive credit score requirements. FHA Loans are popular with first-time buyers but are open to all home buyers. They can even be used to refinance or make home repairs, improvements, or upgrades.
Discover all of the mortgage options, and find the loan that fits your needs!
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