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Federallow interest loanactive
Freddie Mac Home Possible
Freddie Mac
3% down, reduced PMI, flexible income sources
Overview
Conventional 3% down loan with flexible income sources — similar to HomeReady, different lender network.
Detailed requirements
Income ≤80% AMI. 3% down. Reduced mortgage insurance. Accepts non-traditional income (rental, boarder, co-borrower not on title). Homebuyer education required for first-time buyers.
Eligibility at a glance
- Max income (% AMI)
- 80%
- Min credit score
- 660
- Owner-occupied required
- Yes
- Homebuyer education required
- Yes
Ready to apply?
A free grant specialist walks you through eligibility and the official application in one short call.
Last verified 2026-09-02. Updated weekly. Always confirm details on the official program page before applying.