Only 1% Down Payment For Fort Lauderdale Homebuyers

Unlock Homeownership in Fort Lauderdale with Just 1% Down!

Thinking about buying a home in Fort Lauderdale but worried about the down payment? There’s good news! With the new 1% Down Conventional Loan, qualified buyers can get into a home with just 1% down—and the lender kicks in an additional 2% (up to $7,000) toward your down payment.

That means you can purchase a home with as little as 3% down—while only paying 1% out of pocket. This powerful loan program is designed to make homeownership more accessible, especially for first-time buyers or those struggling to save in today’s competitive market.

Here’s how it works: If you’re buying a $300,000 home, your required 3% down payment would normally be $9,000. With this program, you bring just $3,000 to the table, and the lender contributes $6,000—covering the rest.

To qualify, you’ll need to meet standard income and credit guidelines (typically a credit score of 620+), and the program is available for primary residences only. It’s perfect for Fort Lauderdale locals ready to take advantage of homeownership without waiting years to save for a large down payment.

Whether you're buying a condo downtown, a home near the beach, or something inland, this program helps bridge the affordability gap.

Want to know if you qualify? Let’s talk! At Townsend & Associates Mortgage Group, we’re here to walk you through the process and get you one step closer to the keys to your new home.

Apply now at www.townsendandassociatesmortgagegroup.com