Rocket Mortgage ONE+ By Rocket Mortgage Program

Rocket Mortgage ONE+ By Rocket Mortgage Program is a grant for homebuyers in Statewide, California. 1% borrower + 2% Rocket grant = 3% down. Conventional product, no PMI on certain tiers. HomeReady / Home Possible compatible. Borrower puts 1% down, Rocket Mortgage contributes 2% — total 3% down payment with no PMI. Pairs with Fannie Mae HomeReady or Freddie Mac Home Possible. This is a nationwide program, so it is available beyond a single state or city. Funding comes from Rocket Mortgage.

Rocket Mortgage ONE+ By Rocket Mortgage Program is structured as a grant, so it is not repaid. Repayment is triggered by none (grant). Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Rocket Mortgage ONE+ By Rocket Mortgage Program is open to homebuyers who will live in the home as their primary residence. Sourced via Homebuyer Wallet (US20250002). Income at or below 80% AMI. No first-time homebuyer requirement. Pairs with HomeReady or Home Possible.

Rocket Mortgage ONE+ By Rocket Mortgage Program limits household income to 80% of the area median income, which varies by county and household size. At or below 80% area median income. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Rocket Mortgage ONE+ By Rocket Mortgage Program can be used for Single-family, Condo, Townhouse.

Rocket Mortgage ONE+ By Rocket Mortgage Program is a nationwide program, so it is not limited to one state.

Applications for Rocket Mortgage ONE+ By Rocket Mortgage Program go through the administering agency. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.