Important Information
1 Program is available for Primary Residence, 1-2 unit subject properties. Maximum Loan to Value (LTV) before grants is 97% (95% LTV for 2 unit and Manufactured Home properties). Borrower must meet all eligibility requirements to be considered for AccessONE+. All FNMA HomeReady guidelines apply.
2 One percent down payment of purchase price or appraised value (whichever is less).
3 loanDepot down payment grant is 2% of purchase price or appraised value (whichever is less) up to $4000.
4 Occupant borrowers may not own any other financed property at time of closing the loan. Homeownership Education and Housing Counseling required.
5 At least one Borrower must be a first-time homebuyer and currently reside in one of these Metropolitan Statistical Areas (MSA) in order to be eligible for this program: Atlanta-Sandy Springs-Roswell, GA, Baltimore-Columbia-Towson, MD, Brownsville-Harlingen, TX, Chicago-Naperville-Elgin, IL-IN-WI, Cleveland, OH, Dallas-Fort Worth-Arlington, TX, Detroit-Warren-Dearborn, MI, Houston-Pasadena-The Woodlands, TX, McAllen-Edinburg-Mission, TX, Memphis, TN-MS-AR, Miami-Fort Lauderdale-West Palm Beach, FL, New York-Newark-Jersey City, NY-NJ, Oklahoma City, OK, Orlando-Kissimmee-Sanford, FL, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD,Phoenix-Mesa-Chandler, AZ, Riverside-San Bernardino-Ontario, CA, San Antonio-New Braunfels, TX, St. Louis, MO-IL, Tampa-St. Petersburg-Clearwater, FL, Washington-Arlington-Alexandria, DC-VA-MD-WV.
6 This information is not intended to be an indication of loan qualification, loan approval or commitment to lend. Loans are subject to credit and property approval.Not all products available in all areas. Other limitations apply. Rates, terms and availability of programs are subject to change without notice.
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Provide as little as 1% down payment. 2
You
Go from 1% down to 100% homebound with up to $9,000 down payment assistance.
Introducing accessONE+, a new program that lowers the barriers to homeownership for first-time homebuyers.
Together with Fannie Mae, we’re making the dream of homeownership more accessible for aspiring homeowners in today’s competitive market.
How it Works
Qualifying Locations
In order to be eligible, at least one borrower must currently live in one of the cities/areas listed below. The home being purchased does not have to be in the current city of residence.
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Provides a fixed $5,000 grant as down-payment assistance.
Fannie Mae
We provide up to an extra $4,0003 down payment grant.
loanDepot
We make qualifying easier6 and more accessible for those trying to attain homeownership.
No Income Requirements to Qualify
Available in more than 50 areas, at least one borrower must currently live in a qualifying location. See below. 5
Must Currently Live in an Approved Location
If qualifying with another, at least one borrower must be a first-time homebuyer.4
Must Be a First-Time Homebuyer
How to Qualify
Arizona
Chandler
Mesa
Phoenix
California
Ontario
Riverside
San Bernardino
Delaware
Wilmington
Maryland, Pennsylvania, and New Jersey residents in nearby communities may also be eligible
Florida
Clearwater
Fort Lauderdale
Kissimmee
Miami
Orlando
Sanford
St. Petersburg
Tampa
West Palm Beach
Georgia
Atlanta
Roswell
Sandy Springs
Maryland
Columbia
Baltimore
Towson
Missouri
St. Louis
New Jersey
Camden
Jersey City
Newark
Delaware, Maryland, and Pennsylvania residents in nearby communities may also be eligible
New York
New York City
Eligibility available in all five boroughs
Illinois
Chicago
Naperville
Elgin
St. Louis
Indiana and Wisconsin residents in nearby communities may also be eligible
Michigan
Dearborn
Detroit
Warren
Ohio
Cleveland
Oklahoma
Oklahoma City
Pennsylvania
Philadelphia
Delaware, Maryland, and New Jersey residents in nearby communities may also be eligible
Tennessee
Memphis
Arkansas and Mississippi residents in nearby communities may also be eligible
Texas
Arlington
Brownsville
Dallas
Edinburg
Fort Worth
Harlingen
Houston
McAllen
Mission
New Braunfels
Pasadena
San Antonio
The Woodlands
Virginia/Washington D.C.
Alexandria
Arlington
Maryland and West Virginia residents in nearby communities may also be eligible
Go from 1% down to 100% homeowner with up to $9,000 down payment assistance.
Introducing accessONE+, a new program that lowers the barriers to homeownership for first-time homebuyers.
Together with Fannie Mae, we’re making the dream of homeownership more accessible for aspiring homeowners in today’s competitive market.
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