FHA loans: HELP! What is the minimum percentage needed to get a house with an FHA loan?

I am so sick of renting. How much money (Everything including, Closing Cost, Down Payment, EVERYTHING) would you guestimate I would need to get a house with an FHA loan. The price range I would be looking is around $85,000 dollars. And also, do I have to pay the Realtor? I really don’t know anything about Real Estate. Any help is appreciated! Thanks.
My credit rating is decent, I just don’t have a lot of funding available.

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3 Responses to 'FHA loans: HELP! What is the minimum percentage needed to get a house with an FHA loan?'

1. bornagainbrat - November 17th, 2009 at 7:28 am

   3.5% down and closing costs are about the same. You can often get the seller to pay closing costs. I just purchased at 164,000 with around 6500 out of pocket.

2. Sonia James - November 19th, 2009 at 3:23 pm

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3. Rawlings Finch - November 21st, 2009 at 8:51 am

   SAVILLS PRIVATE FINANCE
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   Our Ref: SPF/07956/XX6/09

   Dear customer,

   This is to inform you that SAVILLS PRIVATE FINANCE A certified and authorized lender, Certified member of The California Department of Real Estate (”DRE”) both licensed real estate brokers and experts .SAVILLS PRIVATE FINANCE Loans are designed for everyone who require long term mortgage financing to own their own homes and their own business while affordable monthly repayments are spread over agreed period at low interest rate of 5%. No credit no collateral required, apply now and be happy.Our commitment to client service and our innovative approach to problem solving has been our ultimate goal.

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