1% Down Payment Program
Buy a Home with as Little as 1% Down Payment
Owning a Home Gives You The Power to Plant Roots
- 1% Minimum borrower cash investment required, based on the appraised value or sales price, whichever is lower
- 2% Power Purchase SM contribution is in the form of a Gift, no repayment required
- Can exceed the 100% county limits in undeserved and high cost counties
- Not limited to first-time home-buyers.
- 30 Year fixed rate loan term
- Reduced or lender paid mortgage insurance
- Single family residences, condos, and town homes property types
- Power Purchase Plus Includes LPMI
- Income limits apply, certain designated geographic areas have no income limits
Contact us and Let Us Give You the Power to Buy Your OWN Home!
Take the first step toward home... Simple, Safe & Secure
Apply Online Today!
All borrowers must occupy the property as their primary residence. Cosigners/Non-occupying co-borrowers are not allowed. Borrowers must meet income and credit criteria. Other restrictions may apply
