MOVEMENT BOOST

A new way to finance your 3.5% down payment*

If you’re applying for an FHA loan and want help covering your down payment (and closing costs), Movement Boost is for you.

WHAT IS MOVEMENT BOOST?

Movement Boost helps qualified FHA borrowers cover the required 3.5% down payment and even a portion of closing costs.*

You could be eligible for:

Full down payment assistance to cover the entire 3.5% FHA down payment
Full down payment assistance to cover the entire 3.5% FHA down payment PLUS 1.5% to put toward closing costs (for a total of 5%)

Are you ready to give your homebuying experience a boost?

*For qualified borrowers. Additional restrictions apply.

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MOVEMENT VA BOOST

Are you active duty military or a veteran? Learn how Movement VA Boost helps military families cover closing costs, which can make homebuying more affordable with VA loans.*

Explore Movement VA Boost

*All eligible Veterans and Reservists with full entitlement must meet all VA income, asset, and property requirements. Program provides a 2% repayable second lien to cover your closing costs. Must be Single-family homes, multi-family homes up to 2 units, condos, manufactured homes (with restrictions). 30 - year fixed-rate maximum. VA loans require a VA Funding Fee that may be financed into the loan or paid out of pocket at closing. Other VA-permissible fees may apply. Additional restrictions apply. Movement Mortgage is not affiliated, endorsed, or sponsored by the Department of Veterans Affairs or any other government agency. Programs, rate, terms and conditions are subject to change without notice.

What Are The Details?

Movement Boost could cover your entire FHA down payment plus 1.5% to put toward closing costs via a repayable second lien with a 10-year amortization term and a rate at 2% above the first lien rate
Available to first-time and repeat homebuyers
Available nationwide with the exception of New York
Gift funds allowed (use gift funds for a larger down payment or to cover additional closing costs)
No income limits
Minimum 600 FICO score required
DTI as determined by AUS, not to exceed 56.99%
Primary resident only
Single-family homes
Multi-family homes up to 2 units
Condos
Manufactured homes (640 FICO score required)