Homeownership Dreams Achieved
We know that the down payment is one of the biggest obstacles home buyers face when they can otherwise afford a mortgage payment. ONE+ allows you to get a mortgage by putting as little as 1% down. Combined with a 2% grant from VIP Mortgage Group, you start with 3% equity. Mortgage insurance is not charged to you.
ONE+ By VIP Mortgage Group
An affordable loan option for qualifying clients. Clients pay a minimum of 1% down payment and the remaining 2% down payment will be covered along with mortgage insurance.
Min. credit score required: 620
Min. client down payment required: 1%
Income Limit: 80% area median income (AMI)
Max. loan amount: $350,000