![]() ![]() You can make as much money as you want, choose to live anywhere, and still be eligible for 3% down. ![]() The advantages of this program are clear. This could be the low-down-payment loan home buyers have been waiting for.Ĭompared to FHA loans, HomeOne may be a better fit for many buyers. HomeOne has NO geographic restrictions (you don’t have to buy in a low-income census tract)ĭespite fewer restrictions, the loan only requires a 3% down payment.It’s a big deal because restrictions applied to a the 3% down Home Possible program have been removed. But, surprisingly, no one is talking about it. The Freddie Mac HomeOne mortgage, a new 97 percent loan program, is now available. Ap5 min read New Freddie Mac HomeOne 3% down mortgage program
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