1 Percent Down Conventional


Ruoff Home Mortgage is now offering a new conventional purchase loan product that allows for the borrowers to have just a 1% down payment (can be a gift, too!).

One become three. Borrowers just bring one percent down payment to the table and Ruoff will bring the other two!

No loan documents or repayment are necessary on the 2% provided by Ruoff Home Mortgage.

Homeownership is 99% closer than before. Let Ruoff Home Mortgage help you secure a mortgage with the 3-for-one down payment program.

Purchase only

One-unit primary residences only

680 minimum credit score

Maximum loan amount of $424,100

No minimum loan amount

 Income limits apply in some areas, waived in other areas

Cannot own another home at closing

Online homebuyer education class for first time home buyers

Do not have to be a first time home buyer

Reduced monthly mortgage insurance

30 year fixed rate