Freddie Mac mortgage program for First Time Buyers. The main difference between HomeOne and Home Possible is that HomeOne does NOT have any income or geographic limits.


  • 97% LTV
  • No Income or Geographic Limits
  • One Borrower must be a 1st Time Buyer *
  • Purchase & Rate -Term Refi
  • Primary Residence Only
  • SFR, Condo, and PUDs
  • 30 Year Fixed only
  • All Borrowers must occupy the property
  • Gifts allowed
  • No Reserves required
  • Mortgage Insurance Coverage = 35%
  • Home Buyer Education required *


* A First Time Buyer is an individual that has had no ownership interest in a residential property in the last 3 years.  If both buyers are First Time Buyers, at least one of them must complete Home Buyer Education


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