HomeOne: Low Down Payment Program

October 1, 2018 — 2 min read

We are excited to announce our brand new HomeOne loan program. This low down payment, fixed-rate mortgage was created for first-time homebuyers to reach their goals of homeownership, regardless of their income levels or geographic location. HomeOne eases the down payment and closing costs challenges.

HomeOne Benefits for Borrowers:

As little as 3% minimum down payment
Entire down payment can be a gift or from grant funds*
Flexible financing
No income limits or geographical restrictions
Eligible for single-family homes, including townhouses and condos
Free Homeownership education helping borrowers feel confident and prepared

With HomeOne, your 3% down payment doesn't have to come from your bank account. You can use gift funds, including money received from relatives or as wedding gifts, to cover the entire down payment and the closing costs. This allows you to save your own money for appliances, new furniture, or the interior design ideas you've been adding to your Pinterest board! Even better, there are no income limits or geographical restrictions for this loan. Furthermore, unlike most low down payment loan programs, with HomeOne, you don't have to worry about finding a home in only an eligible area, or that you make too much money to qualify. This loan is available for one-unit homes, townhouses, and condos used as primary residences. Prospective new homeowners are typically nervous about the concept of owning and maintaining their new real estate. As part of the HomeOne loan application process, we will also provide you with access to free homeownership education. This will help you feel confident and prepared to explore this new world of homeownership. HomeOne may be the perfect fit for you. With the help of our experienced mortgage bankers, we can make your homeownership dreams a reality.

Please don't hesitate to contact us, or fill out the form below, if you or someone you know could benefit from this fantastic new low down payment option.