Look to the FHA for help with a down payment on a fixed interest rate mortgage
If you are wondering how you can afford to make a down payment for your Fixed Interest Rate Mortgage because of your fair credit history, you may want to look to FHA mortgage lenders for help. Purchasing a home for the first time can be complicated which is why a fixed interest rate mortgage is one of the easiest options since your payments are standard each month. However, if you need a solid credit backer the US government will help guarantee you through the FHA program so long as you agree to pay 3% of the down payment and purchase mortgage insurance on your home.
