Introducing the HomeOne Product. Unlike the HomeReady or HomePossible products that have income restrictions, this product does not. Your clients have broad and unique needs, HomeOne offers you a solution to help more first-time homebuyers achieve the milestone of homeownership, regardless of their income levels or geographic location. Both solutions ease challenges around available savings for down payment and closing costs, and reflect our dedication to responsible lending, sustainable homeownership and improving access to credit.
* Primary Residence
* 97% LTV (3% down-payment)
* No Income Limits
* At least one borrower must be a first-time homebuyer
Exciting info to follow!.