NMLS #2498240

1% Down Payment Loan

With a little investment upfront, you can create the space you love
This mortgage program lets borrowers put down as little as 1% down and get some extra benefits.
  • Lower Initial Cash Requirement
  • Increased Buying Power
  • Potential for Immediate Homeownership

To qualify for the 1% down payment advantage program, buyers must have a minimum credit score of 620 and a 95 to 97% loan-to-value first mortgage. The program is only available to first-time and repeat buyers purchasing single-family homes with income equal to or less than 80% of the area median income (AMI).


  • The borrower then needs to put down 1 percent.
  • Minimum credit score of 620
  • a 97% LTV to be eligible
  • 80% of the AMI (Area Median Income) to qualify
  • This is for single-unit primary residences only.

Loan Disclaimer

Not all applicants will qualify. Please meet with one of our licensed loan officers for more information. Rates, fees, terms, and programs are subject to change without notice. Not all loans, loan sizes, or products may apply. Home loan programs are only available in Texas.

Loans are subject to borrower qualifications including income, property evaluation, sufficient equity in the home to meet loan-to-value requirements, and final credit approval. Approvals are subject to program guidelines and Sociable Mortgage’s lending policies and are subject to change without notice.

Let us guide you.

Free consultation.

Our Signature Process

Let our expert team handle the complex mortgage process as you envision your dream home. We provide an efficient and enjoyable experience, allowing you to create a lasting home for yourself and your loved ones. Let’s work together to bring your dream to life.