Home Possible
Offer your customers greater flexibility, expanded guidelines, and higher LTVs.
- Purchase & Rate Term Refinance loans up to 97% LTV for 1 unit properties
- 95% LTV for 1-4 unit properties
- Income must not exceed 80% AMI for subject property location
- Gift and grant funds allowed
- 580 FICO
- Limited to no reserves required
Home Possible® by Freddie Mac is a conventional mortgage program that is perfect for first time homebuyers, millennials, and low-to-moderate income borrowers.