Home Possible Mortgage by Freddie Mac

Swee Ng

7 years ago

Home Possible Mortgage – Up to 97% Financing

Home Possible® mortgages is a mortgage program offered by Freddie Mac. Home Possible is a responsible, 3% to 5% down payment solution for low-to moderate-income homebuyers or buyers in high-cost or underserved communities.

Program Benefits:

Low down payment. Up to 97% financing
Fixed-rate mortgages only
No minimum borrower contribution for 1-unit primary residence
No income limits in underserved areas

Program Eligibility:

No first-time homebuyer requirement, but homebuyer education is required for at least one borrower when all borrowers are first-time homebuyers, or when property is 2-4 unit primary residence
Lower-cost mortgage insurance (MI) at 25%; lender-paid MI is an available option
Can be used for purchase and no-cash-out refinancing

New Listing Homes for Sale Phoenix AZ

Homes for Sale in Phoenix AZ by Price Range
Homes for Sale Under $100,000	Homes for Sale $600,000 – $700,000
Homes for Sale $100,000 – $200,000	Homes for Sale $700,000 – $800,000
Homes for Sale $200,000 – $300,000	Homes for Sale $800,000 – $900,000
Homes for Sale $300,000 – $400,000	Homes for Sale $900,000 – $1,000,000
Homes for Sale $400,000 – $500,000	Homes for Sale $1,000,000 – $2,00,000
Homes for Sale $500,000 – $600,000	Homes for Sale Over $2,000,000

Search and view your dream homes for sale