![How Changes to FICO Scoring Could Impact Buyers](https://b2159820.smushcdn.com/2159820/wp-content/uploads/2020/03/AdobeStock_134272196-scaled.jpeg?lossy=1&strip=0&webp=1)
![How Changes to FICO Scoring Could Impact Buyers](https://b2159820.smushcdn.com/2159820/wp-content/uploads/2020/03/AdobeStock_134272196-scaled.jpeg?lossy=1&strip=0&webp=1)
![What loan can I get with a 3% down payment?](https://b2159820.smushcdn.com/2159820/wp-content/uploads/2019/07/gi_2019_june_three_percent_down.jpg?lossy=1&strip=0&webp=1)
What loan can I get with a 3% down payment?
Key insights:
It’s possible (and common) for buyers to purchase a home with less than a 20 percent down payment.
In addition to a down payment, financial factors and credit history are important considerations for loan approval.
Pending other factors, buyers with less than 5% down can get approved for a variety of loans — including conventional, FHA, VA and USDA loans.