Conventional 97% LTV Purchase and Refinance Loan Program

3.04.2017
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The HomePossible program is Freddie Mac’s community lending product that offers additional flexibility and options to meet a variety of borrowers’ home financing needs.

-Up to 97% loan to value

-Boarder Income allowed

-Available for owner occupied, 1 to 4-unit properties

-Loan Amounts up to $424,100

-Up to 50% debt to income ratio

-Credit scores as low as 620

-Homeownership education course is required Income limits apply. Check HUD Area Median Income Limits for income eligibility.

-Programs available only to qualified borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply.

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