Fha Down Payment Amount FHA Underwriting Guidelines That Every Home Buyer Should Know – FHA Down Payment. One of the most appealing features of the FHA loan is the low amount required for a down payment. FHA only asks for 3.5% of the home’s asking price as a down payment. Furthermore, the money used for the down payment can be a gift. The down payment may come from a family member, a local charity, or the borrower’s employer. So long as the transaction of the gift is properly.Downpayment Assistance Program | MyHome Assistance Program – MyHome provides a deferred-payment junior loan – up to 5% of the purchase price, or appraised value, whichever is less, to be used for their down payment and/or closing costs. This program must be combined with a CalHFA first mortgage loan.FHA Loans | How to Qualify for an FHA Loan | Quicken Loans – FHA loans have more lenient credit and income requirements than other loans, and your down payment could be as low as 3.5%. Learn more and apply today!