”You have to know when you buy a house that you’re going to need something in addition to what you need to close.” Buying a home can be expensive. a personal financial planner at NerdWallet. You.If you have a 500-579 credit score you can qualify with 10% down. If your score is 580 or above you can qualify with just 3.5% down. While you need 3.5% down for FHA, they do allow 100% of the down payment to be a gift. Or you can find down payment assistance programs that could allow you to buy a home with no money down.cash out refinancing requirements 2019-08-01 · In the last several years, an increasing number of borrowers with loans backed by the Federal Housing Administration have been refinancing their mortgages.