Home Possible

Home Possible is a responsible, 3%-5% down solution for low-to moderate-income homebuyers or buyers in high-cost or underserved communities.

Program Benefits

  • Low Down Payment. Up to 97% financing.

  • Fixed-rate mortgages only.

  • No minimum borrower contribution for 1-unit primary residence.

  • No income limits in underserved areas. 

Property Types

  • 1-unit single-family primary residence, including condo and planned-unit-development (no manufactured) Loan-to-Value less than or equal to 97%.

  • 2-4 Units Loan-to-Value less than or equal to 95%

Program Eligibility

  • No first-time homebuyer requirement, but homebuyer education is required for at least one borrower when all borrowers are first-time homebuyers, or when property is 2-4 unit primary residence.

  • Lower-cost mortgage insurance (MI) at 25%; lender-paid MI is an available option. 

  • Can be used for purchase and no-cash-out refinancing.

Contact us today to see if a Home Possible Loan could help make your homeownership dream a reality. 
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Josh Thomas NMLS #314438 | UT #5540196 | Corp NMLS #2727