Unlock Your Dream Home with UWM's Exclusive 0% Down Purchase Program!

Are you dreaming of owning a home but worried about the down payment? Great news! United Wholesale Mortgage (UWM) offers an exclusive 0% Down Purchase program that can help you achieve homeownership with ease. As your trusted real estate partner in the Coachella Valley, I am excited to share this opportunity to make your home-buying journey smoother and more affordable.

What is the 0% Down Purchase Program?

The 0% Down Purchase program is designed to assist qualified borrowers by providing a 3% down payment assistance loan, up to $15,000. This means you can get into your new home without needing a down payment. Here's how it works:

  • 1. **First Lien Mortgage**: Meets Loan-to-Value (LTV) requirements.

  • 2. **Second Lien Mortgage**: UWM provides a second lien mortgage for 3% of the purchase price, up to $15,000.

  • 3. **No Monthly Payment or Interest**: The second lien has no monthly payment requirement and no interest.

  • 4. **Repayment Terms**: The second lien balance is due when the first lien loan is refinanced or paid off, whichever comes first. Payments on the second lien can be made throughout the loan term, but are not required.

How Can Borrowers Qualify?

Borrowers can qualify for this amazing program by meeting one of the following sets of criteria:

**Option 1: Home Possible® Guidelines**

- Borrowers must be at or below 80% of the Area Median Income (AMI) for the property address.

- For very-low-income borrowers (qualifying income at or below 50% AMI), they will receive a $2,500 credit as part of the 3% assistance. This credit does not need to be repaid.

- Minimum 620 FICO score and LTV must be equal to or greater than 95%, up to 97%.

**Option 2: HomeOne® and UWM’s Guidelines**

- At least one borrower must be a first-time homebuyer (defined as not having ownership interest in a home in the last 3 years).

- Minimum 700 FICO score and LTV must be greater than 95%, up to 97%.

Why Choose the 0% Down Purchase Program?

This program is a powerful tool designed to benefit borrowers, help lenders close more loans, and establish stronger relationships with real estate agents. By joining UWM's network, you can take advantage of this exclusive program and bring your dream of homeownership to life.

Ready to Get Started?

If you're ready to explore this fantastic opportunity, I'm here to help! As a dedicated real estate professional in the Coachella Valley, I am committed to guiding you through every step of the home-buying process.

**Contact Me Today:**

**Robert Caballero**

**Email**: robertcaballero_realestate@hotmail.com

**Phone**: (760)-610-9832

**Instagram**: [@robertcaballero_realestate](https://www.instagram.com/robertcaballero_realestate)

**YouTube**: [LivingInCoachellaValley](https://www.youtube.com/LivingInCoachellaValley)

**Facebook**: [Robert Caballero](https://www.facebook.com/RobertCaballeroRealEstate)

Let's turn your homeownership dreams into reality with UWM's 0% Down Purchase program. Remember, if you play to win and lose, GET BETTER!

Feel free to share this blog with anyone who might benefit from this incredible program. Together, we can make homeownership more accessible and achievable for everyone in the Coachella Valley!

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