Announcing Homebuyer Power PLUS

Qualified applicants may be eligible for down payment and/or closing cost assistance in addition to job loss protection insurance.


Under current lending standards, many homebuyers face challenges that make homeownership seem unattainable, including the ability to save for a down payment, pay for closing costs, or qualify for a loan.

While these factors may deter otherwise motivated clients, Prosperity Home Mortgage, LLC wants to help them purchase a home today. For a limited time, we are offering a program that has many features of a traditional mortgage but with additional incentives that may help these clients become homeowners.

Prosperity Home Mortgage’s HomeBuyer Power PLUS program offers a number of possible benefits to homebuyers who qualify. These include:

  • Down payment as low as 3% or less.
  • Reduced Mortgage Insurance (MI) coverage requirements.1
  • Program credit of 1% with no increase in interest rate.2  The credit may be applied toward:
    • Reducing your down payment.
    • Reducing your closing costs.
    • Reducing your interest rate.
  • $500 program credit for borrowers who receive 1-on-1 homeownership education through a HUD-approved counseling agency prior to signing a purchase contract.2
  • Job Loss Protection is available for eligible borrowers through MortgageAssureSM  to help avoid falling behind or defaulting on a mortgage due to an involuntary, unexpected job loss.3


“For those who are ready to buy a home, our HomeBuyer Power PLUS program offers incentives that may help clients get the house they want,” said Tim Wilson, CEO of Prosperity Home Mortgage. “By participating in the approved homeownership education program, they not only receive an extra incentive but it will help them understand the responsibilities of homeownership and prepare them to better anticipate and take on those responsibilities.”


Additionally, combining HomeBuyer Power PLUS with our Prosperity Buyer Advantage may give buyers an edge over others vying for the same property.

If you have questions about our home financing options, one of our knowledgeable, local mortgage consultants will be pleased to assist you, or you can also contact us online!




HomeBuyer Power PLUS may not be the best mortgage product for all borrowers. Income restrictions, other terms, conditions and requirements may apply. Please consult your mortgage consultant to discuss your financing options. All Incentive offers valid on complete loan applications received between 02/15/2017 and 05/31/2017. Loan must close by 07/31/2017. Only one discount permitted per New Loan.

1. Reduced Mortgage Insurance (MI) coverage requirements for loans with loan-to-values (LTV) greater than 90%, up to 97%.

2. Program credits do not count toward maximum seller contribution limit of 3%. Borrowers are not eligible for additional program credits if minimum borrower contribution of 2% is exceeded.

3. Radian MortgageAssureSM is available with borrower-paid mortgage insurance (BPMI) only. Radian MortgageAssureSM is available for two years from the borrower’s closing date and will provide up to 6 monthly mortgage payments, for a maximum monthly benefit of up to $1,500 or total protection of $9,000 during the two-year coverage period. Benefit is automatically provided on Radian-insured loans for primary, owner-occupied, single-family homes with loan-to-values of 95.01% - 97%, that meet the program guidelines.

All first mortgage products are provided by Prosperity Home Mortgage, LLC. (877) 275-1762. Prosperity Home Mortgage, LLC products may not be available in all areas. Not all borrowers will qualify. Licensed by the NJ Department of Banking and Insurance.  Licensed by the Delaware State Bank Commissioner.  Also licensed in District of Columbia, Georgia, Indiana, Maryland, Michigan, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia.  NMLS ID #75164 (NMLS Consumer Access at http://www.nmlsconsumeraccess.org/)

©2017 Prosperity Home Mortgage, LLC. All Rights Reserved.