Rocket mortgage addresses affordability challenges with new 1% down home loan program

One+ offers an exclusive affordable home loan option, with mortgage insurance at no cost to the homebuyer – potentially saving more than 90 million americans thousands of dollars detroit , may 22, 2023 /prnewswire/ -- rocket mortgage , the nation's largest retail home lender and part of rocket companies (nyse: rkt), today introduced one+, a new 1% down home loan program that will dramatically increase access to homeownership for millions of low-to-moderate-income earning americans. with one+, a homebuyer is only required to make a down payment of 1% of the purchase price and rocket mortgage will cover the remaining 2% needed to reach the required threshold for conventional loans.
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