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Freddie Mac Home Possible

Freddie Mac Home Possible is a conv 97% ltv with reduced mi from Freddie Mac. Coverage: Low/moderate income. Up to 97% toward a home purchase. Income limit: ≤80% AMI.

Up to 97%
Listed as open as of May 2026

Coverage: Low/moderate income.

Income limit≤80% AMI
Minimum credit score620
Maximum DTI50%
OccupationsLow/moderate income
Property typesSFR, 2-4 unit, condo, PUD, manufactured
OccupancyOwner-occupied primary
Eligible loan productsConventional
Sales price capConforming
RepaymentReduced PMI; cancellable at 80% LTV
StackingLayers with most DPA
NotesSweat equity, gifts, grants all eligible for down payment.
Source Freddie Mac·official program page·Listed
Cal has not re-checked this listing recently. Confirm the current terms with the program administrator before relying on them.

Provider: Freddie Mac · program details at the provider’s site.

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