One+ by Rocket Mortgage

Don't Let Saving for a Down Payment Derail Your Homeowner Dreams

What if your down payment requirement was only 1% and you didn’t need to pay the other 2% plus the expensive mortgage insurance?



family in living room with moving boxes

Increasing interest rates, housing prices and inflation have made many pause their home search. Not anymore.
If you’re in a similar situation, we can help you get into your new home - without a hefty down payment - with
a new low down payment product, ONE+ by Rocket Mortgage®.

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In the past, homeowners were required to put at least 20% down to avoid paying private mortgage insurance
(PMI). With ONE+ by Rocket Mortgage, those days are over. You put down 1% and our partner lender will cover the other 2%.
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You get all the benefits of a 3% down payment* and you can save big and strengthen your eligibility since you don’t have to pay the mortgage insurance.
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Who is eligible?
ONE+ by Rocket Mortgage is for eligible first-time home buyers and repeat home buyers who make less than or
equal to 80% of the area median income (AMI) of the location you’re buying in. It’s only available for purchase loans with a maximum loan amount of $350,000 and cannot be combined with other promotions.

Contact our amazing Mortgage Team to take advantage of this exclusive opportunity today!

 


ERICA BERHOW | Mortgage Loan Officer

105 Lake Avenue, PO Box 848

Fairmont, MN 56031

507-235-7552  (direct)

ericab@profinium.com 

NMLS #1373934


JACOB MALLAK | Mortgage Loan Officer

100 Warren Street Suite 100

Mankato, MN   56001

507-389-8370 (Direct)

jakem@profinium.com

NMLS #792195


 

JANNELL TUFTE | Mortgage Loan Officer

1080 West Frontage Road

Owatonna, MN   55060

507-446-4286 (direct)

jannellt@profinium.com

NMLS #402028



*Client will be required to pay a 1% down payment, with the ability to pay a maximum of 2.99%, and Rocket Mortgage will cover an additional 2% of the client’s purchase
price as a down payment.

This offer is only available on conventional purchase loans. Primary residence only. Cost of mortgage insurance premium not passed through to client. Offer valid only for home buyers when qualifying income is less than or equal to 80% area median income based on county where property is located.

Must lock rate on or after 5/22/2023. Offer only available on loan amounts of $350,000 or less. Not available with any other discounts or promotions. Offer cannot be retroactively applied to previously closed loans or loans that have a locked rate. This is not a commitment to lend. Rocket Mortgage reserves the right to cancel this offer at any time. Acceptance of this offer constitutes the acceptance of these terms and conditions, which are subject to change at the sole discretion of Rocket Mortgage. Additional restrictions/conditions may apply.

Loans are subject to credit and underwriting approval.

Profinium Inc. NMLS# 402979