OriginPoint, a mortgage platform formed by Rate and real estate brokerages, has significantly enhanced its OneDown 1% Down Mortgage Program. Launched in August 2025, the program now offers expanded financial assistance to qualified homebuyers, aiming to tackle affordability challenges in the current market.
Key Takeaways
- Qualified borrowers can now access a larger lender-paid grant or a new temporary rate buydown option.
- The enhancements aim to provide greater flexibility in managing upfront costs or initial mortgage payments.
- OriginPoint reaffirms its commitment to supporting real estate agents and their clients.
Expanded Financial Assistance Options
The updated OneDown program introduces two key improvements for buyers putting down as little as 1%.
- Increased Lender-Paid Grant: Borrowers can now opt for a $6,000 lender-paid grant, a substantial increase from previous offerings.
- New Temporary Rate Buydown: Alternatively, buyers can choose a 1% lender-paid temporary rate buydown, which reduces their monthly payments for the first year of the loan.
Addressing Homebuyer Affordability
James Elliott, president and CEO of OriginPoint, highlighted the program’s focus on affordability. "In today’s market, affordability is one of the biggest barriers facing homebuyers," Elliott stated. "Enhanced OneDown gives borrowers more flexibility in how they manage that challenge, whether by lowering the upfront cost of buying a home or reducing monthly payments during the first year of their mortgage."
Commitment to Agents and Clients
OriginPoint emphasized that these program enhancements are part of a broader strategy to bolster support for real estate agents and their clientele. "We are committed to delivering the best possible experience for agents and their clients," Elliott added. "When the market shifts, we don’t retreat from relationships. We strengthen them."
The OneDown program continues to be a nationwide initiative designed to make homeownership more accessible.