Home Possible

Freddie Mac Home Possible

In the pursuit of homeownership, many individuals and families encounter barriers such as high down payments, strict eligibility criteria, and limited access to affordable financing options. However, programs like Home Possible loans, offered by Freddie Mac, aim to overcome these challenges and make homeownership more attainable for low- to moderate-income borrowers. 

The Freddie Mac Home Possible mortgage program brings homeownership within reach to more borrowers. The program provides low down payment financing with discounted fees for creditworthy low- and moderate-income borrowers.

Features:

Loan amounts up to $766,550
DTI up to 45%
Cancelable MI
Homebuyer education is required for first-time buyers
Income up to 80% of the AMI
Temporary rate buydowns available

Call or email today for more details!