Q&A · Down Payment Assistance
How does the 1% Down Grant work?
You bring 1%. The program brings 2% as a true grant.
- Your down payment: 1% (up to 2.99% and you still qualify)
- Grant: 2%, up to $7,000 — never repaid
- Loan type: conventional, 30-year fixed
- Property: primary, 1-unit
- Income: at or below 80% of area median income
- Max loan: $350,000
Mortgage insurance is charged to you — standard on conventional loans under 20% down.
Want to see if you qualify? Send the 60-second eligibility form — your state, income range, and credit estimate. We'll match you to every program that actually fits. Check my eligibility →