Freddie Mac Home Possible Loans | The 2 Mortgage Guys

Stack more savings

Very Low Income Purchase (VLIP) grants can add a $2,500 credit toward down payment, closing costs, pre-paids, or mortgage insurance — when household income is at or below 50% AMI and at least one borrower is a first-time buyer.

If your income qualifies and you are buying a home to live in, Home Possible is often the cleanest Freddie Mac path to low-down conventional ownership — especially when FHA MIP would cost more over time.

Guides

Deep-dive guides covering eligibility, education, documents, PMI, multi-unit purchases, and Home Possible vs HomeReady vs FHA.

Ryan and Steve will check your AMI eligibility, model Home Possible vs HomeReady vs FHA, and see if a VLIP grant lowers your cash to close even further.

Home Possible is a registered trademark of Freddie Mac. All loans are subject to credit and property approval. Program guidelines, income limits, and pricing are subject to change without notice and may not be available in all areas. This website is not affiliated with or endorsed by Freddie Mac, HUD, or any government agency. Information is for educational purposes only and is not a commitment to lend.

• A joyful family stands at their new home's entrance holding an our first home sign

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• setCalcStarted(true)} className="px-6 py-3 rounded-xl text-sm font-semibold text-[#020617] transition-all duration-200 active:scale-[0.98] active:translate-y-[1px]" style= >Check My Eligibility
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• Start over
• navigate('/vlip-grant')} className="mt-3 text-sm font-semibold underline underline-offset-4 transition-colors hover:text-[#f8fafc]" style= >View full VLIP income calculator
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• navigate('/vlip-grant')} className="px-6 py-3 rounded-xl text-sm font-semibold text-[#020617] transition-all duration-200 active:scale-[0.98] active:translate-y-[1px]" style= >Check VLIP Income Limits
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• navigate('/home-ready')} className="text-sm font-semibold text-[#020617]/70 underline underline-offset-4 hover:text-[#020617] transition-colors"> Compare Fannie Mae HomeReady
• navigate('/conventional-loans')} className="text-sm font-semibold text-[#020617]/70 underline underline-offset-4 hover:text-[#020617] transition-colors"> Explore all conventional loan options

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