Freddie Mac Home Possible AdvantageSM
If you are looking to purchase a home with a low down payment and flexible sources of funds, our Freddie Mac Home Possible AdvantageSM offers flexibility:
- Max loan amount up to $424,100 for single-family dwellings in most US counties and $636,150 for high-cost areas**
- Up to 97 percent LTV financing (3 percent down)*
- Down payment assistance programs and/or affordable second mortgages available
- Flexible sources of funds can be used to qualify
- Low to moderate-income buyers
- Lower mortgage insurance coverage requirements, which means lower payments
** Each county limit is published on FHFA’s website: www.fhfa.gov. Special statutory provisions establish different loan limit calculations for Alaska, Hawaii, Guam and the U.S. Virigin islands.
