Borrowed down payment
By using borrowed funds, like a line of credit or a loan from someone in your life, alongside a mortgage lender who understands every situation is unique, you’ll be in your new home in no time.
Securing your down payment is possible
If you’re looking to buy a home where all or part of the down payment is from borrowed sources, this is a great option to explore. Here are a few of the perks of the borrowed down payment program:
Flexible mortgage options
Monthly, semi-monthly, biweekly or weekly. Take advantage of a variety of payment options and find what works for your budget.
Variety of interest rate terms
Choose from 3, 4 and 5 year fixed rate terms or 3 and 5 year adjustable rate terms.
Borrow what you need
Whether it’s the full down payment amount, or just a portion, any amount can qualify with the Borrowed Down Payment program.
In your home even faster
Don’t let the source of your down payment stop you from reaching your next goal. Homeownership is possible with the right support and resources.