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Low Down Payment

Low Down Payment Options

Many people believe homeownership is simply out of reach for them, because they don’t have enough for a down payment. However, there are many low down payment options available. Some that even allow for as low as 3% for a down payment. At RWM Home Loans, we want to make homeownership more accessible for you.

Conventional Loan

  • As low as 3%-5% down
  • Condo, Town Home, or Single Family
  • Mortgage insurance – Can be removed
  • Loan limits differ by county*

HomeReady & HomePossible

  • As low as 3% down
  • Flexible down payment source
  • Homebuyer education course
  • Non-Occupant, Co-Borrower, or Boarder Income to qualify

FHA Loan

  • As low as 3.5% down
  • Condo, Town Home, or Single Family
  • Flexible qualifying requirements
  • Loan limits differ by county**

Down Payment Grant Program

  • Cover part or all of down payment
  • Owner occupied properties
  • Homebuyer education course
  • Fixed Rate loans

*To learn more about your county’s Conforming loan limits, please visit: Federal Housing Finance Agency

**To learn more about your county’s FHA loan limits, please visit: U.S. Department of Housing and Urban Development

Mortgage Lending Simplified

Download the free RWM Home Loans Fluid Mobile App today and get started on your journey to homeownership.




Everyone on the team was really professional, helpful and dedicated to make the whole process as smooth as possible. Whenever we had a question or concern, we always received a prompt reply.

Andriry K.

Extremely responsive, website was brilliant, clear list of what we needed and stayed on us until it was complete, knew who to send us to for tax transfer from our previous house. We will definitely refer our friends and family…read more

Kirk C.

The communication on the process and the ability to sign documents electronically was a life saver. The availability and speed of answers were great.

Angelia B.

You helped me understand all my options, which made me feel more confident in the decision I had to make. You were on top of everything that had to be done and kept things moving in an efficient way... It…read more

Julie M.

The team was easy to work with and willing to answer all of my questions. They even worked with a notary in North Carolina so I didn't miss my vacation.

Melody T.

Everything was fully explained from the beginning, and I felt like we worked as a team when we went step by step in our journey of getting financed for our first home.

Ana E.

Buying a house can be overwhelming but when you have someone you trust it makes it so much easier. We felt assured that we were in good hands and that we would get to the finish line during the escrow…read more

Cassandra C.

Constant communication of needs and issues. Drafting of key documents in timely way. Friendly interactions and commitment to service.

Noah B.

Good communication, great staff and high level of professionalism.

James G.

The team was tremendously attentive to our every need and only had our goals and best interests in mind. Would work with them again anytime.

Brian S.


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