The UWM 0% Down Purchase Program gives you up to $15,000 toward your down payment with no interest, no monthly payments — and no money needed upfront.
Verify Your UWM 0% Down Purchase Eligibility
0% Down Payment Required
No Monthly Payment on Assistance
For First-Time & Low-Income Buyers
The UWM 0% Down Purchase Program is a 2024 initiative that helps eligible homebuyers purchase a home with no out-of-pocket down payment.
Instead of the buyer providing 3% down, UWM covers it through a 0% interest second mortgage—up to $15,000—with no monthly payments.
This second lien is repaid only when the home is sold, refinanced, or after 30 years.
Buyers must either be first-time homebuyers with a 700+ credit score or earn under 80% of the area median income with a 620+ score.
Available nationwide through UWM-approved brokers, it’s one of the few conventional loan programs offering true zero-down homeownership.
This program is designed to eliminate the biggest barrier to homeownership—your down payment—without sacrificing flexibility or adding monthly debt.
$0 Down Payment Required: UWM covers the full 3% down with up to $15,000 in assistance.
No Monthly Payments on Assistance: The second mortgage is silent—no interest, no payments.
Own Sooner, Save More: Start building equity now without waiting to save thousands.
Works with Conventional Loans: Avoid FHA mortgage insurance and enjoy standard 30-year fixed terms.
Nationwide Availability: Offered through trusted UWM-approved mortgage brokers in all 50 states.
Flexible Qualification Paths: Qualify by being a first-time buyer or earning under 80% of your area’s median income.
Lower Private Mortgage Insurance (PMI): Income-qualified buyers may get reduced monthly insurance costs.
Keep Your Cash: Use your savings for moving, repairs, or emergency funds—not the down payment.
With smart structure and nationwide access, this program makes homeownership possible—even if you thought it wasn’t.
To qualify for this game-changing program, applicants must meet specific credit, income, and homeownership criteria—ensuring readiness and stability.
First-Time Buyer Path: Must have a 700+ FICO score and not owned a home in the past 3 years.
Income-Based Path: Household income must be ≤ 80% of Area Median Income with a minimum 620 FICO score.
Primary Residence Only: Property must be a 1‑unit owner-occupied home (no vacation or investment properties).
Loan Type & Amount: Must use a conforming 30‑year fixed conventional loan; purchase price capped at approx. $500K for full coverage.
Debt-to-Income Ratio: Total DTI must fall within conventional limits (typically ≤ 45%).
Assistance Limit: Only one UWM 3% second mortgage allowed—no stacking with other DPA programs.
Broker Channel Requirement: Must work with a UWM-approved mortgage broker to originate the loan.
Meeting these requirements ensures you qualify for zero‑down homeownership with peace of mind and a clear path forward.
Getting started with the UWM 0% Down Purchase Program is fast, free, and doesn’t affect your credit—here’s how to take the first step toward homeownership.
Check Your Eligibility Online for Free Today: Answer a few quick questions to see if you qualify—no credit pull required.
Get Pre-Approved Through a UWM-Approved Mortgage Broker: If eligible, connect with a trusted broker to review loan options and get pre-approved.
Find Your Home and Close with $0 Down: Shop confidently knowing your down payment is covered—just bring closing costs and move in.
You’re just three steps away from owning a home with no down payment—start today.
The UWM 0% Down Purchase Program includes a standard 30-year fixed-rate conventional first mortgage and a second mortgage that covers the 3% down payment (up to $15,000).
The first mortgage follows Freddie Mac guidelines (Home Possible® or HomeOne®), requires private mortgage insurance, and must stay within conforming loan limits.
Rates depend on credit, and the home must be a primary residence.
The second mortgage has 0% interest, no monthly payments, and is due in full when the home is sold, refinanced, or the first loan is paid off.
It is not forgivable but can be paid off early without penalty. It does not affect monthly debt ratios. Closing costs are not covered and must be paid by the buyer or with credits.
Here are answers to 10 important and often overlooked questions about the UWM 0% Down Purchase Program—so you can avoid surprises and make smart decisions.
Yes—this program covers only the 3% down payment, not closing costs, which typically range from 2–5% of the purchase price unless offset by seller or lender credits.
Yes, gift funds from family or allowed sources can be used for closing costs, but you usually can’t stack this with other down payment assistance loans.
No—the second mortgage is silent (no interest, no payments) and doesn’t count against your monthly DTI when qualifying for the primary loan.
You’ll need to pay off the full second mortgage balance at the time of refinance, either from equity, savings, or by rolling it into the new loan if allowed.
No—the 3% second lien must be repaid in full when the home is sold, refinanced, or the first mortgage is paid off, regardless of how long you stay in the home.
Yes—you can make voluntary payments toward the second mortgage at any time without penalty, though no monthly payments are ever required.
The assistance caps at $15,000, so full 0% down typically applies to homes priced at or below $500,000; higher-priced homes require the buyer to cover the difference.
No—this is a standard conventional loan, so once you reach 20% equity, you can request PMI removal just like with any other conventional mortgage.
In most cases, the second lien is not reported to credit bureaus unless it goes unpaid after becoming due, but confirm with your broker or lender.
Closing timelines are similar to traditional loans—usually 21 to 30 days—assuming you meet all standard documentation and approval requirements.
We specialize in helping first-time and low-income buyers take full advantage of the UWM 0% Down Program—without confusion or delays.
Expertise You Can Trust: We’re trained in UWM-exclusive programs and know exactly how to get you approved fast.
No Upfront Costs: We’ll check your eligibility and guide you through the process—free of charge.
Faster Closings: Our streamlined process gets you into your home with less stress and fewer delays.
Clear, Honest Guidance: No hidden fees, no sales games—just a plan that works.
Nationwide Access: Wherever you’re buying, we’re here to help you qualify and close.
