6/9/2023 0 Comments Freddie mac home loan programHome Possible applies to single-family residences and multi-unit homes. At least one person listed on the mortgage must live in the home. Co-signers are allowed and not required to live in the home. Homebuyers cannot use it to finance a second home, a rental property, or an investment. Home Possible is for primary residences only. You must live in the home you’re financing Home Possible eligibility standards are straightforward. Mortgage applications are sorted into the program automatically. No particular action is required to apply for a low down payment home Home Possible mortgage. Who Is Eligible for the Freddie Mac Home Possible Mortgage? → Alternatives to the Home Possible Mortgage.→ Home Possible Mortgage Rates and Mortgage Insurance. → Who Is Eligible for the Freddie Mac Home Possible Mortgage?.
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