Reach First-Time Homebuyers

Reach First-Time Homebuyers

Help first-time homebuyers navigate the complex home-buying process. Use these valuable resources to:

  • Learn more about our mortgage products and training opportunities
  • Help first-time homebuyers get started
  • Assist business sources in preparing mortgage-ready homebuyers

Product Information and Training

Grow your business by offering first-time homebuyers mortgage options that meet their needs. We have competitive and responsible mortgage solutions for mortgage-ready borrowers, even those with limited funds for down payment.

Products

Home Possible® mortgages. Leverage the power of our low down payment mortgage program to serve low- to moderate-income borrowers, millennials and underserved communities.

HFA Advantage® Program. Refer borrowers who need down payment assistance to their nearest housing finance agency (HFA), where they can qualify for a grant and take advantage of our special mortgage offering just for HFAs.

Fixed-rate mortgages. Leverage the power of a fixed interest rate for the life of the loan with a traditional 15-, 20-, or 30- year fixed-rate mortgage. These products offer payment stability and are an excellent option for first-time homebuyers.

Super conforming mortgages. Increase your market penetration with affordable financing options for homebuyers who are looking to buy their first homes in high-cost areas.

Training

Search ‘Loan Product Advisor’ on both Freddie Mac Learning and The Learning Center for training and education resources

Condominium Projects Eligibility Requirements. This 90-minute interactive webinar will provide originators, processors, and underwriters with a high-level overview of Freddie Mac’s requirements for Condominium Unit Mortgages.

Assets and Acceptable Sources of Funds. In this interactive 90-minute webinar we will review our requirements, guidelines, and policy changes for asset calculation and documentation to help ensure that borrowers have acceptable and sufficient funds. Continue reading Reach First-Time Homebuyers