One Percent Down Mortgages

 

What does 1% Down Mean?

With a Conventional 1% Down, you put 1% down and your lender contributes 2% for a 3% total equity down payment. Then, you finance the rest through a conventional loan.

Benefits of a conventional 1% down payment

  • Put more money down up front
  • Lender contributes to your down payment
  • Avoid monthly MI