ONE+ By Rocket Mortgage®

ONE+ has an income cap – also called an Area Median Income (AMI) requirement. That means you may qualify if your income is below a certain percentage of the AMI where you want to buy a home.

You can check your income using this look-up tool. But we encourage you to apply or chat with a Home Loan Expert. It’s the best way to find out which income guidelines apply to you. Even if your income doesn’t qualify, we could have other low down payment options for you.

You don’t have to be a first-time home buyer to be eligible for ONE+. A first-time home buyer is someone who’s never bought a home before, or hasn’t had ownership in a home during the past three years.

Yes, you can put as much as 2.99% of the home’s purchase price down. Rocket Mortgage will still add another 2%.

Why put down more? The more you put down, the lower your monthly mortgage payment will be.

Or you could decide to go with the lowest down payment and use the funds for closing costs.

We’ll help you know which strategy is best for you.

Whether you’re starting to look at homes or you’ve just made an offer, begin the approval process. You can do that by applying online or talking to a Home Loan Expert.

After that, the next big milestone is getting your offer on a home accepted. Then you’ll start getting your mortgage. That includes things like getting an appraisal, providing documents to verify your information, and title work.

This all gets you to the day you close and officially become owner of the home.