Finance
A Virginia FHA loan requires a minimum down payment of:
A0%
B3% (Fannie/Freddie only)
C3.5% for borrowers with credit scores of 580+✓ Correct
D5%
Explanation
FHA loans require a minimum down payment of 3.5% for borrowers with credit scores of 580 or higher. Borrowers with scores between 500–579 require a 10% down payment.
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