HomeOne®

what is HomeOne®?

HomeOne®, offered by Freddie Mac, is a conventional conforming mortgage program designed to provide a low-down payment option for borrowers, with no specific income or geographic restrictions.

 

HomeOne® qualifying factors

  • Down payment: As low as 3%
  • Occupancy: Owner occupied
  • Property type: 1-unit, primary residence only
  • Mortgage type: Fixed rate mortgage
  • Maximum loan amount: Conforming loan limit
  • Homebuyer profile: At least one borrower must be a first-time homebuyer
  • Credit score: Minimum FICO score of 620 required
  • Income limits: None

 

All loan requests are subject to credit approval as well as specific loan program requirements and guidelines.

get pre-approved for a mortgage loan today

Are you ready to get pre-approved? Contact a local home loan expert in your area today to take this important initial step toward your first or next home.

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