HomeOne mortgage is a new conventional 3% down payment option for qualified first-time home buyers. HomeOne mortgage serves borrowers without geographic or income restrictions. The HomeOne mortgage will provide home buyers the flexibility they need to help buyers achieve the milestone of home ownership and overcome the common down payment resource hurdle.
Below are the highlights of the HomeOne Loan Program:
- Financing with just 3% down
- Lower Mortgage Insurance requirements than standard rates
- No Income Limits
- Homeownership education course required for at least one borrower
- Must be an owner-occupied property
- Includes 1-unit single-family residences, condos and townhouses
- Must be a purchase transaction or rate and term refinance (no cash out)
- At least one borrower must be a first-time home buyer
- Must be a fixed-rate mortgage
- At least one borrower must have a usable credit score
The Home Ownership course is available here.
Please contact me for further information and to answer any questions.
Kim Jones-Zweig
Senior Mortgage Banker
Top Producer and
MBAG Platinum Award Member
Fidelity Bank Mortgage
304 Tribble Gap Road, Suite 200
Cumming, Georgia 30040
p: 678.468.4046 | f: 678.829.0612
e: kim.jones@lionbank.com
w: www.kimdjones.com
NMLS# 545217
Senior Mortgage Banker
Top Producer and
MBAG Platinum Award Member
Fidelity Bank Mortgage
304 Tribble Gap Road, Suite 200
Cumming, Georgia 30040
p: 678.468.4046 | f: 678.829.0612
e: kim.jones@lionbank.com
w: www.kimdjones.com