Provide eligible homebuyers the option to put just 1% down and have UWM cover an additional 2% up to $7,000, for a total of 3% down. This down payment assistance program is an incredible way to make your clients’ dreams of homeownership happen sooner, while saving money they could use for furniture, move-in costs or other expenses.              

Guidelines:

• Product is for borrowers who have an income at or below 80% of Area Median Income (AMI)
• Purchase only
• Must have 97% LTV; UWM pays the lesser of 2% or up to $7,000 of the total 3% down payment
• 620+ FICO
• Borrower pays 1% of the down payment (or remaining down payment needed if 2% exceeds $7,000)
• Up to conforming loan limits
• LPA or DU for eligibility
• Follows Home Possible® and HomeReady® guidelines

How our broker partners benefit:

• Reach more homebuyers who need help with their down payment
• Help homebuyers save money they could use for other expenses like furniture, move-in costs, etc.
• Earn more business from real estate agents whose clients can benefit from this program

Don’t miss this unique opportunity to help more homebuyers overcome the most common obstacle to home ownership: the down payment. Join our network and start offering Conventional 1% Down today!

Join Our Network 

The principal, interest and MI payment on a $200,000 30-year Fixed-Rate Loan at 6.625% and 97% loan-to-value (LTV) is $1,370.62. The principal and interest payments, which will continue for 360 months until paid in full, do not include taxes and home insurance premium, which will result in a higher actual monthly payment. Rates current as of 06/10/25. Subject to borrower approval. Some exclusions may apply.