FHA loans require 3.5% of the purchase price as a down payment.

FHA-Home-Loan

“The FHA, or Federal Housing Administration, provides mortgage insurance on loans made by FHA-approved lenders. FHA insures these loans on single family and multi-family homes in the United States and its territories. It is the largest insurer of residential mortgages in the world, insuring tens of millions of properties since 1934 when it was created.”  Learn more about FHA loan requirements and guidelines at FHA.com.