Finance
An FHA loan requires a minimum down payment of:
A0%
B3%
C3.5%✓ Correct
D5%
Explanation
FHA loans require a minimum down payment of 3.5% for borrowers with a credit score of 580 or higher. Borrowers with scores between 500–579 must put down at least 10%. FHA loans are insured by the Federal Housing Administration.
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