Discover the gateway to realizing your dream of homeownership with the innovative Conventional 1% Down program. This revolutionary offering is designed to facilitate your journey into real estate and provide an edge to industry professionals seeking to enhance their portfolios. This program, designed with you in mind, empowers qualified borrowers by significantly reducing the down payment and streamlining the path to homeownership.
Picture this: as a qualified borrower, you contribute a mere 1% of the home's purchase price as a down payment. Here's the game-changer: an additional 2% towards the down payment is covered, up to an impressive $4,000. In essence, you'll only need a total of 3% down to step into homeownership. This unique approach not only lessens the financial burden on your shoulders but also expedites reaching your down-payment savings goal.
 How It Helps You
Embrace a newfound opportunity to assist borrowers in need, particularly those aiming to realize their dream of homeownership. This program places you in a prime position to establish stronger relationships with real estate agents, showcasing your dedication to aiding prospective homeowners.
How It Helps Borrowers
The Conventional 1% Down program paves the way for you to achieve your homeownership aspirations with a significantly lower down payment. As you inch closer to your down-payment savings goal, you'll find yourself stepping into your new abode sooner than expected. Moreover, the savings accrued from this program can be allocated towards furnishing your new space or essential house repairs and maintenance.
Qualifications for Borrowers
To partake in this opportunity, borrowers should meet the following criteria:
Tools and Resources
In your pursuit of homeownership, we offer an array of tools and resources to enhance your understanding of the Conventional 1% Down program. Explore our Conventional 1% Down video in the UWM Partner Academy, providing invaluable insights into the mechanics and benefits of this initiative. Additionally, peruse through our "How to Wow Your First-Time Homebuyers" and "Down Payment Assistant Programs 101" episodes on Good. Better. Broker for a comprehensive understanding.
Unlock the potential of homeownership and avail of the myriad benefits of the Conventional 1% Down program. For any inquiries or further clarifications about this program or our diverse range of down payment assistance initiatives, reach out to your dedicated UWM account executive. We're here to guide you through your journey to homeownership!
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