Assistance Programs

We believe financial support should be accessible to everyone. That’s why we offer a range of Assistance Programs designed to help borrowers overcome barriers and achieve long-term financial success. Our options include down payment assistance, credit-building resources, specialized loan programs, and community-focused initiatives that make homeownership and personal lending more achievable.

Whether you're a first-time buyer, recovering from financial hardship, or seeking support through local housing programs, our team is ready to connect you with the tools and solutions that fit your needs. Explore programs built to strengthen financial confidence and open doors to new opportunities.

Freddie Mac's Home Possible®

The Home Possible® program, offered through Freddie Mac, is designed to make homeownership more accessible for qualified borrowers, especially first-time buyers and those with low to moderate incomes.

 

A Low Down Payment Mortgage Solution

Grow opportunities with:

• A 3% down payment with flexible sources of funding
  • Realize the milestone of homeownership faster without the barrier of a 20% down payment, having the freedom of flexible sources of funds, such as gifts and grants, and with no minimum borrower contribution required.
• Housing options from single-family homes, manufactured housing, energy-efficient properties and renovations to the ever-growing condominium market
  • Leverage additional flexibilities that meet a range of life situations, such as ownership of another property, non-occupant borrowers and the ability to use rental income to qualify.
• Cancel mortgage insurance
  • When eligible, reducing the monthly mortgage payment and potentially saving thousands over the life of the loan.
• Financial Literacy
  • Enable empowered decisions and life-long responsible homeownership with financial literacy education for borrowers who are new to homeownership.

 

Who Qualifies?

Eligibility is based on several factors, including:

• Income limits relative to the area median income (AMI)*
• Property location
• Borrower’s credit profile
• Loan type and purpose

 

Freddie Mac’s Home Possible® program is beneficial for:

• First-time homebuyers
• Individuals with limited savings
• Buyers seeking affordable financing options