RWM HomeRun Mortgage

What Is HomeRun?

Highlights

Contribute as little as 1% of the purchase price on a 1-unit primary residence.
As little as 5% contribution on a 2-unit property as long as you occupy at least 1 unit.
Remaining down payment funds may be provided by a Community Second down payment assistance program or eligible gift funds.
No mortgage insurance requirement.
Flexible credit guidelines.
Loans up to $726,200.

Eligibility

Intended only for individuals who do not currently own a property. This includes domestic partners, spouses, and fiancé/fiancées, even if they are not an applicant on the mortgage.
Primary residences only.
Qualifying income must be less than 80% of the Median Family Income (MFI) county limit, OR
The property must be located within a low to moderate-income census tract. Ask your loan officer for details.

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