Low Down Payment

BorrowSmart Down Payment Assistance Income Limits

Freddie Mac BorrowSmart Income Limits & Eligibility

Freddie Mac BorrowSmart(SM) & BorrowSmart Access income limits There are two BorrowSmart programs in the market currently, and your income and geographic location determine which one you qualify for. BorrowSmart: $2,500 in assistance for homebuyers earning 50% or less of the area median income. It is available anywhere in the U.S. BorrowSmart Access: $3,000 in […]

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What to do if you're getting a USDA loan and your girlfriend or boyfriend plans to move in.

I’m Getting A USDA Loan And My Girlfriend Moved In. What Now?

USDA loans are different than most other loan types because if someone moves in with you before you buy, they could derail your approval. Sounds strange right? Wouldn’t an extra person in the household make it less likely that you’d miss a payment? While that’s true, USDA loans come with strict income limits. They are

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Freddie Mac Home Possible program

Freddie Mac Home Possible® 2024: A Flexible, 3% Down Mortgage

The Freddie Mac Home Possible mortgage is the agency’s all-out effort to turn moderate-income renters into homeowners. Benefits include: Here’s what you need to do to get a Home Possible loan. Check your Home Possible eligibility. In this article: Freddie Mac Home Possible quick guidelines You must earn a moderate income This program is open

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All about the Freddie Mac HomeOne 3 percent down loan

Freddie Mac HomeOne® 2024: 3% Down, No Income Limits

Freddie Mac HomeOne® allows first-time buyers to access a 3% down conventional loan without income or geographic restrictions. This program is a game changer for any first-time buyer who can’t access other programs because they make too much or aren’t buying in eligible neighborhoods. Here’s your guide to HomeOne. Check your HomeOne eligibility. Freddie Mac

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FHA Fast 100 DPA program

FHA Fast 100 Down Payment Assistance Program: Zero-Down Loan

The new Fast 100 program lets you finance your 3.5% FHA down payment with a secondary mortgage, potentially at zero interest and zero monthly payment. It’s widely available (39 states) and you don’t have to be a first-time buyer or in a certain profession. There are no income limits. Here’s how this innovative program can

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