Down payment as low as 3%
You only need to have 3% of your new home’s purchase price for a down payment. The Access Home Loan comes with down payment assistance funds that can help you get there.
The Access Home Loan is available to those who currently live in majority-minority census tracts in the following areas: Fresno, Los Angeles, Las Vegas, Little Rock, Milwaukee, Minneapolis, Oakland, Riverside (CA), Sacramento, San Diego and St. Louis. For more detail, each location also includes a link to a metropolitan statistical area (MSA) map.
Don’t see your area listed? You may be eligible for our American Dream Loan, or other assistance programs in your area. Contact a mortgage loan officer to find out.
A powerful way that U.S. Bank can help you is through our network of CRA mortgage loan officers (MLOs). An MLO can show you how the Access Home Loan compares to other mortgages and tell you about other assistance programs in your area.
Get a glimpse of Melody’s experience going from renter to owner. Find out how she was able to use the U.S. Bank Access Home Loan to make it possible.
Buying your first home is both exciting and stressful, no matter how prepared you might be. Here, Shavez and Rosa reflect on their experience.
No. The home you choose to buy can be in any state that has a U.S. Bank presence. These states include: Arizona, Arkansas, California, Colorado, Connecticut, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oregon, South Dakota, Tennessee, Utah, Washington, Wisconsin and Wyoming.