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With a government insured FHA loan, you may be able to qualify for a mortgage with a down payment of just 3 percent or more. These government insured loans require specific standards be met in order to qualify, and these standards can vary county to county. Check with your loan officer or mortgage broker to see if you are eligible. 80, 10, 10 Home Mortgages Home buyers who do not wish to incur the expense of buying Private Mortgage Insurance have another option. This is called an 80/10/10 home mortgage.