Does a 1% Down Conventional Loan Exist?
Don’t have a big down payment? Purchase your home with 1% down.
Qualified buyers* have the opportunity to put 1% down and your lender pays an additional 2%, giving you a total of 3% down at closing.
Plus, you can use gift funds and down payment assistance to cover your entire down payment.
It’s a great way to get into your home of your dreams while keeping more money in your pocket. There is criteria that you have to meet though, in order to utilize this.
We’re here to help. Call me today to discuss your options. 321-972-6468. Who knows, this might work for you.
Disclaimer/Notes
30-Year Fixed primary purchases ONLY
Max LTV = 97%
Down payment grant can cover up to the lesser of 2% or $4,000.
*Not all individuals can qualify for certain programs. Products and pricing are subject to change. Reach out to us to discuss your unique situation.
Want to see if you qualify?
Email us: holly.ecimovic@edgehomefinance.com Holly Ecimovic, NMLS 2396592, Licensed LOA/Loan Processor, Edge Home Finance Corporation, Company NMLS 891464, Equal Opportunity Lender
View/listen to our podcasts on YouTube, Spotify, and here: HollyEcimovicMortgage.com/podcast
Kiel Ecimovic, Loan Officer, NMLS 943966, Edge Home Finance Corporation, Company NMLS 891464, Kiel.ecimovic@edgehomefinance.com
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