Easier qualifying and lower costs make Home Possible® for more buyers
Home Possible® is a Freddie Mac loan program designed to bring home ownership within reach to more borrowers. In addition to low down payments and easier credit scoring, you may qualify for an Affordable Second – a secondary loan from a state/county agency or nonprofit.
FEATURES AND BENEFITS
Fixed-rate financing for easier budgeting.
Credit scores from 620 are allowed.
Buy with a low, 3% down payment.
Property types include single family, 2-4 unit properties, modular homes, condominiums and properties in Planned Unit Developments (PUDs).
Homebuyer education is required for first-time buyers.
Temporary buydowns can reduce your starting interest rate for 1-2 years.
LET US GUIDE YOU HOME
AllFunded Mortgage is committed to assisting more borrowers with achieving their dreams of home ownership by providing affordable, personalized lending solutions. Your local AllFunded Mortgage Loan Consultant can help you apply for financing and answer all of your questions.