HOME POSSIBLE®

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The Home Possible® program offers outstanding flexibility for limited-income borrowers to buy a home with a low down payment.

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Question:

Question:

Looking to purchase or refinance a home but don’t have a lot of money to put down?

CONSIDER A HOME POSSIBLE® LOAN

The Freddie Mac Home Possible® Mortgage offer outstanding flexibility and options to meet a variety of borrowers’ needs. Eligible borrowers include first-time homebuyers, move-up borrowers, retirees, families in underserved areas, and very low and low- to moderate-income borrowers.

Income limits may apply. Home Possible® is a registered trademark of Freddie Mac. All loans are subject to credit review and approval. This is not a commitment to lend.

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FACTS

Minimum Credit Score:

620

Minimum Down Payment:

3%

Max Debt-to-Income:

43%

Max Loan Amount:

$484,350

Available for:      Primary Residences    

QUICK
FACTS

Minimum Credit Score:

620

Minimum Down Payment:

3%

Max Debt-to-Income:

43%

Max Loan Amount:

$484,350

Available for:

  Primary Residences

BENEFITS OF HOME POSSIBLE®

Review the following benefits of the Home Possible® Loan Program and see if it is the right fit for your homeownership goals.

Qualify with help

Home Possible® mortgages allow co-borrowers who don’t live in the home to be included on the mortgage, such as parents or others who want to help. And, extended family or other household member’s income can help you qualify—even if they aren’t on the mortgage.

Down payments as low as 3%

Unlike a standard conventional loan that requires at least 5% down—Home Possible® is ideal for homebuyers with limited savings, and the down payment and closing costs can be paid from sources other than your own funds.

Savings over the life of the loan

With private mortgage insurance that may cost less over time—may be eligible to be cancelled once 20% home equity is reached, unlike mortgage insurance on government-insured loans.

Amortization Options:

Is Home Possible® Right for You?

Fill out this questionnaire to see if we can help you achieve your homeownership goals with Home Possible®.

Get Started

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CALL US NOW           804.724.LOAN       OR GET IN TOUCH ONLINE       
CONTACT US

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CALL US NOW

   804.724.LOAN

GET IN TOUCH ONLINE

CONTACT US

Home Possible® is available in the following States: All States

Special Offers and Programs

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Why Choose ?

LOW RATES

We offer some of the lowest mortgage rates in the industry, along with truly innovative, tailored programs.

GREAT SERVICE

Our mission: client-focus. As your personal lender, we value listening and delivering on what is most important to you.

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Move into your new home sooner. Time saved plus low rates equals more savings for you.