Freddie Mac's Home Possible program
GPTKB entity
Statements (20)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:charity
|
| gptkbp:bfsLayer |
5
|
| gptkbp:bfsParent |
gptkb:Home_Ready
|
| gptkbp:allows |
financing for first-time homebuyers
|
| https://www.w3.org/2000/01/rdf-schema#label |
Freddie Mac's Home Possible program
|
| gptkbp:includes |
income limits based on area median income
|
| gptkbp:introduced |
gptkb:2015
|
| gptkbp:is_available_in |
all 50 states
|
| gptkbp:is_designed_to |
increase access to affordable housing
|
| gptkbp:is_part_of |
Freddie Mac's affordable lending initiatives
|
| gptkbp:is_similar_to |
FHA loans
|
| gptkbp:is_used_for |
single-family homes
condominiums multi-unit properties |
| gptkbp:offers |
low down payment options
|
| gptkbp:provides |
flexible credit requirements
|
| gptkbp:regulates |
gptkb:Federal_Housing_Finance_Agency_(FHFA)
|
| gptkbp:requires |
mortgage insurance for low down payments
|
| gptkbp:supports |
homeownership education
|
| gptkbp:targets |
low-to moderate-income borrowers
|