RESOURCES – Freddie Mac Home Possible Advantage

The Home Possible Advantage program

The Home Possible Advantage program is designed for buyers who have low to moderate incomes and offers a lot of flexibility.

Program highlights:

o Low down payment – up to 97% of home can be financed
o No first-time homebuyer requirement
o No minimum borrower contribution requirement
o Down payment can be a gift
o No reserves requirement
o Lower mortgage insurance (MI) coverage
o 100% of AMI and No Income Limit areas
o Requires homeowners education course

Give me a call to find out which low-income assistance programs will best meet your needs: 859-317-5065
Some of these options include:
Grant Funds / Down Payment Assistance
Fannie Mae The HomeReady Program
KHC Down Payment Assistance programs
NeighborhoodEdge Program

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