Secondary Financing with Home Possible Mortgages
Do you have a low income but can't afford a monthly mortgage payment and a minimal down payment upfront? In that case, Freddie Mac’s Home Possible® may be a good option for you!
A Home Possible Mortgage is a loan designed to reduce the barriers to homeownership for those with limited income. A Home Possible Mortgage has many benefits, including low down payment options. Many types of down payment sources are acceptable with Home Possible®, including family, employer-assistance programs, and secondary financing.
First Federal Bank is proud to be one of the lenders making dreams of owning a home a reality with Home Possible Mortgages.
All credit products subject to approval.
Institution NMLS#402963