ONE+ by Rocket Mortgage

ONE+ by Rocket Mortgage is a grant for homebuyers in Statewide County, Maryland, administered by Rocket Mortgage, LLC. ONE+ lets eligible buyers put 1% down (up to 3%) while Rocket contributes 2% of the purchase price as a grant toward the down payment (up to $2,000; max total benefit $7,000 on loans up to $350,000). Conventional loans, primary residence, income <= 80% county AMI, 620+ credit. No repayment; no tract restriction (statewide in MD). As little as 1% down. 2% grant (up to $2,000), no repayment. Statewide (income-based). Conventional, primary residence. Funding comes from Rocket Mortgage, LLC (lender-funded grant).

ONE+ by Rocket Mortgage offers up to $7,000 in assistance. Amounts are the program's published maximums, not an offer — Rocket Mortgage, LLC determines any individual award.

ONE+ by Rocket Mortgage is structured as a grant, so it is not repaid. Repayment is triggered by None - grant, no repayment. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

ONE+ by Rocket Mortgage is open to homebuyers who will live in the home as their primary residence. On credit, the program states: 620 or higher. Lender-specific (Rocket conventional). Income <= 80% county AMI; 620+; max loan $350,000; MI passed through to client.

ONE+ by Rocket Mortgage limits household income to 80% of the area median income, which varies by county and household size. Qualifying income <= 80% of county AMI. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

ONE+ by Rocket Mortgage can be used for Single Family, Condo, and Townhouse.

ONE+ by Rocket Mortgage serves homebuyers purchasing in Statewide County, Maryland.

Applications for ONE+ by Rocket Mortgage go through Rocket Mortgage, LLC, which publishes the current terms and the application steps on its own site. 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.