HomeOne Loan

We are pleased to offer Freddie Mac’s HomeOne loan program to eligible first time home buyers. This program gives borrowers the ability to put down as little as 3% toward their home purchase. And unlike USDA loans and some other low down payment products, HomeOne has no geographic or income restrictions.

Why HomeOne?

Most conventional loan programs require at least 5%-20% down and product like USDA loan are limited to USDA approved areas of limit the amount someone may earn in order to qualify. With HomeOne, first time home buyers can finance up to 97% of a home’s value without any geographic of income restrictions.

Additional Features Include

• Home buyer education is required
• 1 unit properties only
• Fixed rate loans
• Allowed property types in include single family homes, townhomes, warrantable condos, modular homes, homes in planned unit developments (PUDs), 1-unit co-ops, and some manufactured homes.