HomeOne program that allows as little as 3% down for first-time homebuyers with no income restrictions. Highlights Solution for down payment challenges with up to 97% LTV, Broader access with no geographic or income limits, Available for purchases or no cash-out refinances, Eligible for single-family homes, including condos and planned unit developments, At least one borrower must be a first-time homebuyer, Homebuyer education only required if all borrowers are first-time homebuyers.