If you want to buy a home without a big down payment, the Freddie Mac Home Possible® home loan might be right for you.
Home Possible® is an affordable solution for qualified homebuyers. There’s even a free homeownership education course where you’ll learn to make the most of your mortgage loan.
Planet Home Lending is an approved Freddie Mac Home Possible® lender. Our dedicated team of mortgage professionals is ready to walk you through the guidelines and help you get the best mortgage loan for your unique needs.
Call 888-966-9044 or apply online now!
Home Possible® home loans are available across the country, but there are specific income limits and qualified property locations. Call us at 888-966-9044 to see what’s available for you.
To qualify for a Home Possible® loan, your income cannot exceed a certain percentage of the Area Median Income, or AMI. For example, if the AMI is $100,000 and the qualifying income limit is 80%, you cannot make more than $80,000 per year.
To help first-time homebuyers, HomePossible® comes with homeownership classes that are free, online or in person. It’s a fantastic way to learn about your home, your mortgage and making the most of your investment.
No, they’re different, although they work in similar ways. Home Possible® is from Freddie Mac versus HomeReady®, which is from Fannie Mae. They’re both great programs. The best way to find out which one is right for you is to call us at 888-966-9044 and speak to one of our mortgage pros. They’re ready to help get you home.
Rates change every day and sometimes every hour. We work hard to bring you the lowest possible rates. Call us at 888-966-9044 or ask us for a quote to find out more about how you can save with Planet.
No, you don’t. Home Possible® is great for first-time buyers, but this program is available to current homeowners, too.