The Federal Housing Administration works to make homeownership a possibility for more Americans. With the FHA, you don't need perfect credit or a high-paying job to qualify for a loan. The FHA also makes loans more accessible by requiring smaller down payments than conventional loans. In fact, an FHA down payment could be as little as a few months' rent. And your monthly payments may not be much more than rent.
Lead-based paint is usually not a hazard if it is in good consition, and it is not an impact or friction surface, like a window. It is defined by the federal government as paint with lead levels greater that or equal to 1.0 milligram per square centimeter, or more than .5% by weight.