Available to qualified first-time homebuyers for a low down payment of just 3%, the Freddie Mac HomeOneĀ® mortgage is a low down payment option that serves the needs of many first-time homebuyers, along with no cash-out refinance borrowers.
This mortgage solution helps more first-time homebuyers achieve the milestone of homeownership, regardless of their income levels or geographic location.
With more flexibility for maximum financing, HomeOneĀ® provides expanded opportunity and greater certainty to bring more borrowers to the closing table.
Who is the loan for?
First Time Home buyers
Borrowers that need flexible financing
People purchasing single family homes, including townhouses and condos.