So far Zillow’s 1% Down Payment program is only available for real estate based in Arizona, but the idea is to add other markets.
Qualified borrowers will be able to make a 1% down payment and Zillow will chip in another 2% at closing.
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Zillow Home Loans has rolled out an initiative that lowers down payments to as little as 1% for eligible borrowers. So reports MortgageOrb.
So far Zillow’s 1% Down Payment program is only available for real estate based in Arizona, but the idea is to add other markets.
Qualified borrowers will be able to make a 1% down payment and Zillow will chip in another 2% at closing.