The U.S. Food and Drug Administration (FDA) is strengthening an existing label warning that non-aspirin nonsteroidal anti-inflammatory drugs (NSAIDs) increase the chance of a heart attack or stroke.
Not everyone receiving a cash gifts want to make a 20% downpayment, though. Cash gifts are also allowed for low-downpayment mortgages including the FHA purchase mortgage, which requires a 3.5% downpayment; and the Conventional 97 mortgage from Fannie Mae and Freddie Mac which requires just 3% down.
Report Abuse. above average yes and yes you will have PMI as you are not at 80% of the purchase price. 3.5% is mandatory now for fha and 5% is mandatory down payment for Fannie or Freddie.Maany conforming loans Fannie Freddie look better to the underwriter with at least 10% down. The more the merrier.hat is the average amount of down payment on a house? My husband said that our $40k downpayment on a $225 loan is above average as far as the usual first home buyer is concerned.