Eligible clients only need to put 1% down, and the other 2% is covered, providing all the benefits of a 3% down payment!
Affordable purchase product that helps eligible clients attain homeownership with a smaller down payment. This is one product that can have a big impact on low- to moderate-income clients who may be concerned with not having a big enough down payment.
1% Down Payment & 2% Grant!
Client Qualifications:
- Must make less than or equal to 80% of the area median income for the subject property
- Minimum FICO® Score of 620
- Minimum down payment of 1% required
- Maximum loan amount of $350,000
- One Unit, Primary residence only
Limited time only. Programs, rates, terms & conditions are subjects to change without a notice. This is not a commitment to extend credit.
