{ "media_type": "text", "post_content": "What are peoples thoughts on buying a house on an FHA with minimal down payment? Don’t have a ton of free cash but am doing well in consulting currently, additionally my fiancé is about to start as a PA with a very nice salary.", "post_id": "5fb8871b660cee0029d37d9b", "reply_count": 1, "vote_count": 2, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

What are peoples thoughts on buying a house on an FHA with minimal down payment? Don’t have a ton of free cash but am doing well in consulting currently, additionally my fiancé is about to start as a PA with a very nice salary.

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Try to get a conventional with minimal down. I got mine at 3%. PMI is added but cancels after I hit 20% equity. FHA requires PMI for full term of loan

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