1% Downpayment Program

Owning a Home Gives you the Power to…

Paint the Walls Whatever Color you Want!

Buy a home with as little as 1% downpayment

  • 1% Minimum borrower cash investment required, based on the appraised value or sales price, whichever is lower
  • 2% Power Purchase contribution is in the form of a Grant, no repayment required
  • Not limited to first-time homebuyers
  • 30 Year fixed rate loan term
  • Reduced mortgage insurance
  • Power Purchase Plus Includes LPMI
  • Single family residences, condos, and town home property types allowed
  • Income limits apply, certain designated geographic areas have no income limits

Talk to us!

We’re here to help you every step of the way. Simply fill out our contact form and one of our Expert Loan Officers will get back to you quickly. Have A Question About A Home Purchase, Reverse Mortgage, or Refinance? Call Townstone at 312-896-2110