Freddie Mac's Home Possible program

GPTKB entity

Statements (20)
Predicate Object
gptkbp:instance_of gptkb:real_estate
gptkbp:allows financing for first-time homebuyers
gptkbp:can_be_used_for single-family homes
condominiums
multi-unit properties
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_in 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_regulated_by gptkb:Federal_Housing_Finance_Agency_(FHFA)
gptkbp:is_similar_to FHA loans
gptkbp:offers low down payment options
gptkbp:provides flexible credit requirements
gptkbp:requires mortgage insurance for low down payments
gptkbp:supports homeownership education
gptkbp:targets low-to moderate-income borrowers
gptkbp:bfsParent gptkb:Home_Ready
gptkbp:bfsLayer 6