HomeOne

Prospective homebuyers in Georgia with robust incomes and modest savings might discover an enticing opportunity in the form of the Freddie Mac HomeOne® mortgage. This distinctive program allows aspiring homeowners to secure a property with a mere 3% down payment, setting it apart from several other low-down-payment initiatives. Remarkably, HomeOne imposes no income limitations, going a step further by permitting the entire down payment to be a gifted contribution.

• No borrower income or location constraints.
• No minimum borrower contribution required. Zero down payment allowed, and 3% down can be gifted.
• Up to 97% LTV (Loan-to-Value) and 105% CLTV (Combined Loan-to-Value).
• Only one borrower must be a first-time homebuyer.
• Consideration of future employment income.
• Maximum 50% Debt-to-Income (DTI) ratio.
• Eligible for purchase and no-cash-out refinance.
• Available for Single-Family Residences (SFR), Owner-Occupied (OO), Condos, and Town homes.
• FICO scores accepted from 620 – only one borrower needs a qualifying score.
• Mortgage Insurance (MI) can be removed without refinancing.
• Offers a lower down payment option compared to FHA.
• Allows up to 105% LTV/CLTV, accommodating Affordable Seconds that meet FHLMC (Freddie Mac) guidelines.

We are an approved broker with Lenders that utilize Freddie Mac so we’re well-equipped to expedite the funding process for this loan. Our mission is to assist in qualifying more borrowers in Georgia and achieving heightened success in this dynamic market. Together, we’ll secure the funding you need!