This option can lessen enough time must save yourself having an effective down payment and gives another option if you are or even willing to deal with a home loan fee

SEATTLE , /PRNewswire/ — Zillow Lenders revealed their step 1% Down-payment program so that eligible homebuyers to spend due to the fact absolutely nothing just like the step 1% upon their next household get. This choice try first being offered with the characteristics situated in Washington , with plans to grow so you can additional , consumers whom meet the requirements can cut simply step one% to pay for its part of the down-payment and you will Zillow Household Fund often lead an additional dos% at closing. The newest 1% Down-payment system can lessen committed qualified home buyers loans Orchard Mesa CO you desire to save and open homeownership to those that if not in a position to look at a mortgage.

Curious candidates will be phone call step one-833-372-1449 to talk to a great Zillow Home loans representative to understand a little more about the program and see in case it is just the right match due to their facts

Most markets are in the midst of an affordability crisis, and saving for a down payment remains one of the biggest barriers for many potential home buyers.