HomeOne versus HomePossible

Thinking About Buying Your First Home?

If it seems like your renting forever, your not alone. Many people think it’s impossible to save up enough money to buy a house, but two Freddie Mac loans require just a 3% down payment.
 

HomeOne	Home Possible
Fixed Interest Rate	Fixed or Adjustable Interest Rate
3% Down Payment	3% Down Payment
At least one Borrower is a First Time Homebuyer	First Time and Repeat Homebuyers
Homeowner education for First Time Homebuyers	Income limits may apply
Standard mortgage insurance coverage required for down payments less than 20%	Lower Mortgage Insurance required for some transactions
New home purchase or mortgage refinance (cash-out refinance not available)	New home purchase or mortgage refinance (cash-out refinance not available)

 
Contact me today to find a loan that puts your dreams of homeownership within reach. Already a homeowner? Let’s find out if a Freddie Mac refinance can lower your monthly payment.