Home Possible Advantage

URI: https://gptkb.org/entity/Home_Possible_Advantage
GPTKB entity
Statements (59)
Predicate Object
gptkbp:instance_of gptkb:charity
gptkbp:bfsLayer 4
gptkbp:bfsParent gptkb:Freddie_Mac
gptkbp:aims_to Increase homeownership rates
gptkbp:allows Lower down payment
gptkbp:appointed_by Lenders
gptkbp:can_be_used_with Down payment assistance programs
gptkbp:has Flexible loan terms
https://www.w3.org/2000/01/rdf-schema#label Home Possible Advantage
gptkbp:includes Income limits
Co-borrowers
gptkbp:is_aimed_at First-time homebuyers
gptkbp:is_available_for Fixed-rate mortgages
Adjustable-rate mortgages
Multi-family properties
Manufactured homes
gptkbp:is_available_in Investment properties
Second homes
All U. S. states
gptkbp:is_designed_for Low-to-moderate income borrowers
gptkbp:is_designed_to Enhance financial literacy
Help underserved communities
Promote sustainable homeownership
gptkbp:is_evaluated_by gptkb:Economic_factors
Market conditions
Loan-to-value ratio
Debt-to-income ratio
Housing market trends
Credit history
Loan application process
Property appraisal
Borrower qualifications
Property eligibility
gptkbp:is_part_of gptkb:Home_Possible_program
Affordable housing solutions
Freddie Mac's affordable lending initiatives
Freddie Mac's mission
gptkbp:is_promoted_by gptkb:Workshops
Community outreach programs
Social media campaigns
Webinars
Advertising campaigns
Real estate agents
gptkbp:is_subject_to Freddie Mac guidelines
gptkbp:is_supported_by gptkb:Non-profit_organizations
Financial institutions
Government programs
gptkbp:is_used_for Single-family homes
Condominiums
Planned unit developments
gptkbp:marketed_as Low-income families
Minority groups
Rural residents
gptkbp:offers Reduced mortgage insurance costs
gptkbp:provides Flexible underwriting standards
gptkbp:provides_access_to gptkb:Freddie_Mac
gptkbp:requires Homeownership education
gptkbp:suitable_for Low credit score borrowers
gptkbp:supports Homeownership