Introducing ONE+
Open the door to homeownership
with just a 1% down payment!
A new program has arrived to help you make the leap into homeownership with 1% down payment and reduced monthly mortgage insurance. The other 2% of your down payment will be covered by our partner lender so you can apply for a home without draining your savings or scrambling to come up with more cash. This is an amazing opportunity to start building your financial future with homeownership.
Down Payment | Only 1% down payment required. |
Grant | Lender partner pays 2% of the borrower’s purchase price as a down payment grant. |
Mortgage Insurance | Reduced monthly mortgage insurance cost paid by the borrower. |
Eligbility |
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This program is for eligible first-time homebuyers and repeat homebuyers who make less than or equal to 80% of the area median income of the property’s location. Note: Available only for purchase loans with a maximum loan amount of $350,000 and can’t be combined with any other promotions.
The borrower will be required to pay a 1% down payment, with the ability to pay a maximum of 3%, and our lender partner will cover an additional 2% of the borrower’s purchase price as a down payment. This offer is only available on conventional purchase loans. Primary residence only. Offer valid only for homebuyers when qualifying income is less than or equal to 80% area median income based on the county where the property is located. Must lock rate on or after 5/22/2023. Offer only available on loan amounts of $350,000 or less. Not available with any other discounts or promotions. Offer cannot be retroactively applied to previously closed loans or loans with a locked rate.
Mortgage Lending Simplified
Download the free RWM Home Loans Fluid Mobile App today and get started on your journey to homeownership.