1% Down with Springs Lending

A great new program suited for good to excellent credit (700+) buyers who have minimal down payment, or looking to save capital for repairs or home improvements.  If this sounds like you, lets talk.  With as little as 1% down we can move you into the home you’ve wanted.


    • You put down 1%
    • Your lender contributes 2%*, giving you 3% equity at closing
    • Great low rates
    • Close in 30 days or less
    • Conventional 30-year fixed program
    • Available with no monthly Mortgage Insurance

*2% lender contribution may only be applied to down payment. Click for disclosure information»

There’s no reason to wait!

Get the home you’ve always wanted Today!


1% Down FHA USDA-Rural
 Purchase Amount
 $225,000   $225,000   $225,000
 Down Payment
 $2500  $7,875  $0.00
 Upfront Mortgage Insurance
 $0.00  $3799.69 $2250.00
Lender Contribution to Down Payment
 $4,500  $0.00  $0.00
 Finance Amount
 $218,250.00  $220.925.00  $227,250.00
.00 Rate
 4.5%  3.625%  3.875%
Taxes Estimated per Month
 $120.00   $120.00   $120.00
 Homeowners Insurance Estimate
 $80.00  $80.00  $80.00
 Mortgage Insurance Estimate
 $0.00  $153.80  $65.63
 Total Monthly Payment
 $1289.69  $1361.63  $1334.24

The above chart is for comparison purposes only and based on historical rates.  For current rates and terms, please call or email us directly.

The Principal and interest payment of $218,250.00 30-year fixed-rate loan at 4.5 and 97% loan-to-value is $1,361.63 with 0 points due at closing.  The Annual Percentage Rate is 4.631.  The principal and interest payment include taxes and insurance premiums, which are estimates and canl result in a higher actually monthly payment.


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The Principal and interest payment of $218,250.00 30-year fixed-rate loan at 4.5 and 97% loan-to-value is $1,361.63 with 0 points due at closing.  The Annual Percentage Rate is 4.631.  The principal and interest payment include taxes and insurance premiums, which are estimates and canl result in a higher actually monthly payment.Powered by Hackadelic Sliding Notes 1.6.5