Our new 1% down payment program could have you in your New Home by end of summer. 1. The Home-ownership Advantage Program is- 1% down payment in which one of our corporate sponsors gives a grant of 2% . This is based on the conventional 3% down payment program- so they actually go into the house with 3% in equity. 2. Minimum credit is '620' 3. Max DTI is 45% 4. If they are a first time homebuyer they will have to complete a home buyer education course but this program is good for non-first time homebuyers as well 5. Eligible for Single Family Residence, Condos, and Townhomes 6. The 1% can be a gift 7. Interest rates are only .375 - 50% higher Fantastic Program for buyers who are low on funds or would just rather keep their liquid assets in their bank account. See Property Description
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