Hi Paco.FHA is the only program available with a low downpayment.Also you i can find you a conventional lender with a 10% down ,but i will required a 680 fico and up.Please let me know if i can help you.My name is Marco Sepulveda,my number is 925-207-4933 and also you can e mail me at mspulveda@gmail.com..Thank you and good luck.

PacoThere are several options available for your situation and yes FHA is one of them. Contact me directly at edavis@mortgagelinkhome.com and include your phone number so we can discuss what is available. Thank you.Ellen Davis

Good morning Paco and family,FHA sets maximum loan limits for each county in FL, so I would need to know which county this home is in before I could tell you if putting 8% down would make the loan amount fit into the specific county's FHA loan limit. Do you know what your credit scores are? Why don't you give me a call so I can ask you a few questions to help acclimate myself with your scenario, provide answers to all your questions and put together for you a free pre-approval, loan proposals with different loan options that make the most sense for your situation along with Good Faith Estimates that will fully disclose the estimated closing costs, pre-paid items, payment, etc...? And yes, interest only loans are still available and that may be a good option for you, depending on what your investment strategies are as well as some other factors. Please give me a call and we'll discuss this all in greater detail. Eric Maniaci, Innovative Mortgage Services - 813.451.0321 or Eric.Maniaci@Gmail.com. Thanks and have a great day.