Depending on the price of the house you want to purchase, $8,000 may be more than enough for a down payment. However, you also have to consider other additional expenses to close and make settlement.
Consider that you get pre-approved for an FHA mortgage, where you need 3.5% Down Payment. Your $8,000, would allow you to possibly purchase a home for as much as $220,000. Your 3.5% Down payment requirement would be $7,700.
If you lack the funds for the additional closing costs, up to 6% could be possibly built into the purchase amount. However, take note that whatever you add to the price as a Seller Assist increases your Down payment requirement. Let's say you buy the house for $220,000. You need the full 6% Seller Assist, so you would in essence be offering approximately $234,500 and asking for about $14,000 returned to you in the form of a credit from Seller toward your closing costs at settlement. Your down payment would be 3.5% of $234,500 = $8,207.50.
Hope this helps answer your questions. Please feel free to call me with any other questions or concerns. I'd be happy to assist you in finding your next home and negotiating a good deal for you.
Looking forward to speaking with you soon.
All the best,
REALTOR, Property Manager
Your Real Estate Resource For Life
Direct Cell: (267) 254-7994