HomeRun Program

A smart option for low to moderate-income buyers with as little as 3% down.

The HomeRun Program is a special mortgage option available only in certain approved areas. If the property qualifies and it falls within a designated low to moderate-income area, there are no income limits for the borrower. Once the home meets the location requirements, eligible buyers can take advantage of flexible financing terms, low out-of-pocket costs, and no mortgage insurance.

Get Pre-Approved

The HomeRun Program is Good For:

The HomeRun Program is a great fit for buyers who do not currently own any other real estate at the time of closing. You do not need to be a first-time homebuyer. It’s ideal for those purchasing in an approved area who want lower monthly payments and a low down payment requirement.

HomeRun Program Details

Down Payment and Flexibility +

The HomeRun Program allows for just 3 percent down, but only 1 percent must come from the borrower’s own funds. The rest can be covered through gifts, grants, or approved assistance programs. This makes it a strong option for buyers who have limited savings.

Income and Education Requirements +

Eligibility is based on income limits for the area and may require completion of a homebuyer education course. These features are designed to ensure buyers are prepared for long-term success as homeowners.

Not the Loan You Were Looking For?

Secure Your HomeRun Loan at One of Our Branches

Buying a home should feel achievable. With the HomeRun Program, it can be. Whether you’re purchasing your first home or refinancing into a better option, our team is here to guide you through the process. Talk to a loan officer today and find out if this program is the right fit for you.

Find a Brand Location

Branch Location

Licensed to Lend

Not Currently Licensed

Hear From People Who Loved Working With Us

Our clients come first, with communication and transparency as our goal, we make sure you never miss a beat. See what our customers are saying about their Absolute Home Mortgage home buying experience.

No items found

See All Reviews

Got Questions?
We Have Answers

Find a Branch

What’s Happening in Absolute Life

10 Questions To Ask A Home Inspector

What are your qualifications? Are you a member of the American Association of Home Inspectors?Do you have a current license? Inspectors are not required to be licensed in every state.How many inspections of properties such as this do you do each year?D …

10 Questions To Ask Your Condo Board

Before you buy, contact the condo board with the following questions. In the process, youll learn how responsiveand organizedits members are. What percentage of units is owner-occupied? What percentage is tenant-occupied? Generally, the higher the perc …

10 Questions To Ask Your Lender

What are the most popular mortgage loans you offer?Which type of mortgage plan do you think would be best for us? Why?Are your rates, terms, fees, and closing costs negotiable?Will I have to buy private mortgage insurance? If so how much will it cost a …

Are you ready yet?

We’re here for you. Take the first step and apply now.

Apply Now