Based in New York City for Over 10 years, BFR is an expert in Freddie Mac Home Possible financing.
Looking for a potential alternative to an FHA loan? Freddie Mac has recently introduced a new product, Home Possible, that extends financing for low down payments for low-to moderate-income homebuyers. Home Possible also helps buyers in underserved or high-cost areas
Maximum Loan To Value (and Combined Loan to Value) of 95%
Property Eligibility: 1-4 units, condos and planned-unit developments; manufactured homes are eligible with certain restrictions. Please see the following site to see if your property is eligible for a Home Possible Loan: https://sf.freddiemac.com/working-with-us/affordable-lending/home-possible-eligibility-map. Some of the benefits of the Homepossibe program include: