09/19/2023
Introducing ONE+, our new low down payment option, designed to bring the dream of homeownership within reach for more individuals and families. The current landscape of increasing interest rates, surging housing prices, and rising inflation has caused many potential homebuyers to hit the pause button on their housing aspirations. But with ONE+, we aim to empower you to step back into the market and make your homeownership dreams a reality, all without the heavy burden of a large down payment. It's a win-win situation for you and your future.
We're committed to making homeownership affordable for a broader audience, and ONE+ is a game-changer in achieving that goal. Here's the best part: with ONE+, you'll have the opportunity to unlock the doors to your new home with just a 1% down payment, while our partner lender covers the remaining 2%. This effectively grants you all the benefits of a 3% down payment, leading to significant savings and enhanced eligibility, as you won't need to pay for mortgage insurance.
Wondering if you're eligible? ONE+ is tailor-made for both first-time homebuyers and those who have experienced the joys of homeownership before, as long as your income falls at or below 80% of the area median income (AMI) in the location where you plan to purchase your home. Please note that this program is exclusively available for purchase loans with a maximum loan amount of $350,000, ensuring that homeownership is well within your reach without the need to combine it with other promotions. Your homeownership journey begins here with ONE+.