The lowest down payment program offered on a conventional loan product. The 1% Down Payment Conventional Mortgage is here! Buying with a low down payment has never been easier. 1% down payment and a 2% gift from the lender gives you an immediate 3% equity position! This program is designed for those with good credit and moderate income but lacking a big down payment. Get pre-approved today in less than 5 minutes!
Unlike an FHA mortgage, this program requires less down and has an option to avoid paying monthly mortgage insurance.