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First Time Buyer Program

First Time Buyer Program

This program is best for borrowers looking for a conventional loan that have 1% to put down.

(702) 575-9816

Start owning! Exclusive low-rate mortgages for first-time buyers. See if you qualify today.

First Time Buyer Program

You bring in 1% of the purchase price and rocket will bring the remaining 2%!

Requirements

  • You can’t qualify if you make higher than 80% of the median income in the area in which you’re looking to buy.
  • You can look up your area's median income with Fannie Mae's lookup tool.2.You need a qualifying FICO® Score of 620 or better.
  • This is for single-unit primary residences only. When combined with our 2% grant, your initial down payment can be no more than 5%.
  • There's a $350,000 upper loan limit on this conventional option

Benefits

  • Conventional loan, No upfront mortgage insurance.
  • Competitive rates.
  • Temporary buydown available (from eligible sources including the builder, seller or a real estate agent)

Your Next Steps

  • Request an appointment with our specialist.
  • Review your options
  • Select the best buyers program FOR YOU

Let's Get Started

Phone: (702) 575-9816
Program Representative: Daniel Costantini
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