Estimated reading time: 0 minutes, 21 seconds

Rocket Launches 1% Down Home Loan Program

Rocket Mortgage has rolled out a new 1% down home loan program called ONE+. So reports RISMedia.

Rocket Loans 150x150The program requires homebuyers to make a down payment of only 1% of the purchase price, with Rocket covering the extra 2% to qualify as a conventional loan.

Rocket said that ONE+ is available to buyers of single-family homes whose income is no more than 80% of their area median income.

Read the full article from RISMedia

Read 520 times
Rate this item
(0 votes)

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.