Home › Forums › Housing › Want to buy but can’t come up with 20% down payment, › FHA will work for you but it
FHA will work for you but it matters where you are buying
https://entp.hud.gov/idapp/html/hicost1.cfm
3% down, negotiate with the seller to have them pay most of the closing costs and your up front mortgage insurance premium
For most counties, it works except for a few in northern, central and imperial counties
you have to doccument your income, have decent credit and not too high of car payments and cc debt, they actually read that stuff.
Based on your numbers of getting a loan of 350-400 on 140k income you are under 3x, should be fine.
