đź’° New 1% Down Home Loan Program: Helping More Buyers Become Homeowners
For many people, the biggest hurdle to homeownership isn’t the monthly payment — it’s the down payment. That’s why I’m excited to share a new loan program that’s opening doors (literally) for buyers who thought they had to wait.
âś… How It Works
This new 1% Down Payment program allows eligible buyers to contribute just 1% of the purchase price, while the lender contributes an additional 2%, giving the buyer 3% equity at closing. That’s real money that doesn’t have to be repaid.
For example:
On a $300,000 home, a buyer only needs $3,000 down — the lender adds another $6,000, totaling $9,000 toward their down payment.
🏡 Who Qualifies?
This isn’t a gimmick or a limited-time offer. It’s a real opportunity for:
First-time homebuyers
Moderate-income borrowers
Buyers who qualify for a conventional loan
There are income and credit guidelines, but you don’t need perfect credit or a huge savings account to qualify. If you’re unsure, it’s worth a quick conversation to see if you or someone you know might be eligible.
đź’ˇ Why This Matters Right Now
Home prices and rents have both been climbing — and many people are stuck in the middle. They can afford a mortgage, but saving up for the down payment has been a challenge.
This program helps bridge that gap. It’s a smart option for those who are ready to own but thought they had to keep renting or saving for another year or two.
🤝 Who This Can Help
Renters who want to start building equity
Parents helping their adult children get into a first home
Realtors working with qualified buyers just short on cash to close
Anyone who thought they missed the window to buy
đź“ž Ready to Learn More?
If you're interested in this program or know someone it could help, don’t hesitate to reach out. I’ll walk through the numbers, answer your questions, and see if it’s a good fit for your situation.
This could be the opportunity that turns “someday” into today.