1% Down Payment Program

Make homeownership more accessible with our 1% Down Payment Program. This program is designed for first-time homebuyers who meet specific income and credit criteria, offering a low down payment option

Overview

Our 1% Down Payment Program allows eligible buyers to purchase a home with just 1% of the sales price as a down payment. This program is ideal for those who have a steady income but may not have saved enough for a larger down payment.

 

Additional Details

Fixed Rate: 30 Years

Minimum Down Payment: 1% of sales price

Minimum Credit Score: 660

Maximum DTI: 45%

Income Requirement: Must be less than 100% of the Area Median Income

Ownership: Cannot currently own another property

PMI: Required

Occupancy: Owner Occupied Only