The Mortgage Reports is owned and operated by Full Beaker, Inc. NMLS 1019791. View our licenses at http://bit.ly/1ljjgE9 Home buyers today don’t often buy homes with 20% down. Low- and no-down-payment mortgages remain popular with first-time buyers and repeat buyers alike. And one of the most popular low-down-=payment mortgage program is the FHA loan via the Federal Housing Administration. The FHA loan is popular, in part, because buyers can make down payments of just 3.5 percent. And, you can get a zero-down loan by getting a down payment gift for that 3.5 percent. But, there are other reasons why FHA loans are in demand, too. In addition to loose underwriting standards, FHA mortgage rates are lower than comparable conventional rates. But on the downside, homeowners with FHA loans always have to pay mortgage insurance premiums. Learn more about FHA loans at: https://themortgagereports.com/17567/fha-mortgage-rates-federal-housing-administration-assumable-203k-mip