Freddie Mac Home Home Possible

Your Guide to the Home Possible® Mortgage

5 Things You Should Know About the Freddie Mac Home Possible® Mortgage

  1. Home Possible® responsibly offers qualified very low- to low-income borrowers a low, 3% down payment financing option.
  2. Borrowers can have additional financed properties.
  3. Non-occupant co-borrowers may help borrowers qualify for a 1-unit property.
  4. Many types of down payment sources are acceptable with Home Possible®, including family, employer-assistance programs, secondary financing, and sweat equity.
  5. At 20 percent equity, borrowers may cancel mortgage insurance -reducing monthly mortgage payments and potentially saving money over the life of the loan.

Learn More

0/5 (0 Reviews)
Scroll to Top