HomeOne empowers borrowers to make educated homebuying decisions and purchase responsibly by offering a down payment as low as 3%.
HomeOne Program Features:
3% down payment
Minimum FICO score of 620
No income or geographic limits
No reserves required
Flexible source of funds – can be used for down payment and closing costs with no minimum contribution required for your own funds
At least one borrower must be a first time home buyer. All borrowers must occupy the property. Eligible on primary residence only but borrowers may own other properties. Homeownership education required for all first-time homebuyers. Mortgage Insurance is required for LTV (Loan-to-Value) greater than 80%.
*Terms and restrictions apply. Eligibility based on credit review and approval. Program guidelines subject to change without notice. Contact us for more details.