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Starting 7/29 Freddie Mac Expands 3% Down Loans for New Buyers
 

Starting 7/29 Freddie Mac Expands 3% Down Loans for New Buyers

Starting 7/29 Freddie Mac Expands 3% Down Loans for New Buyers Starting 7/29/18 Freddie Mac Expands 3% Down Loans for New Buyers Freddie Mac is launching a new 3 percent down payment option for qualified first-time buyers that could put it in direct competition with the Federal Housing Administration's (FHA) 3.5% low down payment mortgage. The mortgage financing giant announced Thursday that it is rolling out a new conventional 3 percent down payment option called HomeOne, which will not have any geographic or income restrictions. Freddie's expansion into s... read more

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