Freddie Mac Home Possible
Freddie Mac Home Possible is a low down conventional from Freddie Mac. Available statewide in California. First-time buyer status is not required. Income limit: 80% AMI.
Amount varies by program
Listed as open as of April 10, 2026
Available statewide in California.
| First-time buyer | Not required |
|---|---|
| Income limit | 80% AMI |
| Minimum credit score | 620 |
| Homebuyer education | Required (CreditSmart Homebuyer U) |
| Property types | SFR, condo, PUD |
| Occupancy | Owner-occupied primary |
| Sales price cap | Per FHFA conforming |
| Repayment | market% int.; 30-yr; deferred |
| Stacking | Stacks: calhfa-myhome, calhfa-zip, gsfa-platinum, chenoa-edge-forgivable, nhf, calhfa-mcc |
| Amount notes | 3% min down (gifts/grants/DPA OK) |
| Notes | Universal availability. Pair with DPA for low cash-to-close. |
| Phone | 800-373-3343 |
Provider: Freddie Mac · program details at the provider’s site.
See if Freddie Mac Home Possible fits your purchase
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More California programs
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Deferred Silent Second · Up to 3.5%
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Deferred Closing Cost Assistance · Up to 4%
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First Mortgage (for pairing with DPA) · Amount varies by program
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First Mortgage (for pairing with DPA) · Amount varies by program
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Deferred Silent Second · Up to 2.5%
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Shared Appreciation Loan · Up to $150,000 or Up to 20%
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Forgivable Loan · Up to 10%
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Federal Tax Credit · Up to $2,000 or Up to 20%