Do FHA loans require a down payment?

Which of the following is true about FHA loans?

  1.  They offer the best interest rates.
  2.  They do not require mortgage insurance
  3.  They require a down payment
  4.  They have no set interest rate.

The answer is C.  All FHA loans require a down payment because of the fact that they are not insured for the full value or sales price of the home.