Home Possible
Make Your Dream Of Homeownership A Reality
It’s Possible With A Flexible Mortgage From Freddie Mac
If you’ve ever felt like homeownership is beyond your means, we have a solution for you now. Home Possible Mortgages by Freddie Mac offer creditworthy customers more opportunities to own a home-
Including flexible credit terms and a low down payment.
Features and Benefits:
- Low down payment options
- Flexible sources of funds allowed for down payment and closing costs, including gifts and grants
- No minimum reserves or borrower contribution on 1-unit properties
- Income limits based on 80% of area median income
- Mortgage insurance lower than most conventional loans