Loan Programs
Compare Your Options
See estimated down payments and key features side by side.
Low credit
FHA
$12,250
3.5% down
Min credit
580
Mortgage Ins.
MIP for life of loan
Best for: First-time buyers with lower credit or savings.
Flexible
Conventional 5%
$17,500
5% down
Min credit
620
Mortgage Ins.
PMI until 20% equity
Best for: Buyers with steady income and decent credit.
No PMI
Conventional 20%
$70,000
20% down
Min credit
620
Mortgage Ins.
No PMI
Best for: Buyers with strong savings — lowest payment.
Veterans
VA Loan
$0
0% down
Min credit
580
Mortgage Ins.
No PMI
Best for: Active military, veterans, and qualifying spouses.
Rural
USDA Loan
$0
0% down
Min credit
640
Mortgage Ins.
Annual fee, low rate
Best for: Homes in USDA-eligible rural & suburban areas.