Home Possible is mortgage program designed to reduce the barriers that first time home buyers face. Home Possible is ideal for buyers with limited income and low down payments.
Benefits of Home Possible:
Program Restrictions / Requirements:
- Relaxed requirements for approval
- Interest rates can be lower than a traditional mortgage
- Low down payment requirements
- Low PMI costs
- Income must be 80% or less of the area median income
- Location restrictions apply
- Minimum credit score of 660
- Homeowner education required
To see if you qualify for Home Possible, please fill out the form below to connect with one of our Mortgage Specialist.
All fields marked with an asterisk (*) are required.