/C O R R E C T I O N - Zillow Home Loans/
Key Highlights
- ➤Zillow Home Loans launched FHA down payment assistance in 43 states and Washington, D.C.
- ➤Eligible buyers can receive up to 3.5% of purchase price as a second loan.
- ➤The second loan carries 0% interest, no monthly payment, and five-year forgiveness.
- ➤Program requires a minimum 640 credit score and qualifying Zillow Home Loans FHA mortgage.
Expert Statements
Eric Wilson, Zillow senior vice president and general manager of mortgages
“Buyers tell us the down payment is what's holding them back, and we hear the same thing from agents about their clients.”
Eric Wilson, Zillow senior vice president and general manager of mortgages
“This program helps us serve more qualified buyers by giving them a simple way to clear that hurdle, with their mortgage and down payment assistance handled in one place.”
Eric Wilson, Zillow senior vice president and general manager of mortgages
“For buyers who can afford the monthly payment, we can now cover the full minimum down payment.”
In the news release, Zillow Home Loans will now help eligible buyers cover their FHA down payment, issued 28-Oct-2026 by Zillow Home Loans over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end: Zillow Home Loans will now help eligible buyers access down payment assistance for their FHA loan
Qualified buyers can get up to 3.5% of the purchase price for their down payment, as a second loan with no additional interest or monthly payment
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