Home Possible Mortgage house

Home Possible® Mortgage

What is a Home Possible® Mortgage?

The Home Possible® Mortgage is a loan program that offers low down payment options and flexible credit terms that make it easier for first-time homebuyers and low to moderate income borrowers to buy the home of their dreams.

Making Home Possible

  • Low down payment options
  • Flexible credit terms
  • Stable monthly payments with fixed-rate mortgages
  • Reduced mortgage insurance coverage levels
  • Waived or lower qualifying income requirements
  • No-cash out refinancing
  • Flexible closing cost funding options
*Homeownership education is required for first-time homebuyers for purchase transaction Home Possible® Mortgages. HomePossible is a registered trademark of Freddie Mac.