MCLEAN, VA – Working families and many key community workers — police, firefighters, teachers, and healthcare workers — from across the nation can now take advantage of Home Possible(sm) Mortgages — a new suite of low downpayment mortgage products with flexible credit underwriting standards that is expected to help thousands of families with savings issues or imperfect credit become homeowners, announced Freddie Mac, one of the nation’s largest investors in residential mortgages.
“We created Home Possible Mortgages so more lenders can say ‘Yes’ to more borrowers,” said David Stevens, senior vice president of single family sourcing at Freddie Mac. “Home Possible is what our lenders tell us they need to compete in today’s market: a flexible, easy-to-use mortgage uniting Loan Prospector’s ease and efficiency with exceptionally low-downpayments and flexible credit. Perhaps no other mortgage product launched in recent memory will enable our lenders to reach and help as many additional borrowers as Home Possible.”
View this content by subscribing
Please register to unlock this content
I already have an account. Log in
