HomeOne

Freddie Mac HomeOne

Freddie Mac has created a new mortgage program for First Time Homebuyers. The main difference between HomeOne and Home Possible is that HomeOne does not have any income or geographic limits.

Happy family at home

Features:

  • Up to 97% financing for home purchase or rate-term refi
  • No income or geographic limits
  • Flexible sources of funds (gifts/grants/secondary financing) — may be used for down payment and closing costs
  • Available for purchase and no-cash-out (rate-term) refinances; fixed-rate financing only.
  • Conventional home financing with cancellable monthly Mortgage Insurance (MI) – helps you save money

Eligibility:

  • At least one borrower must be a first-time homebuyer (no ownership interest in a residential property during the prior 3 years).
  • All borrowers must occupy the property.
  • One-unit primary residence eligible. Homebuyer education is required when all borrowers are first-time buyers.
  • One Borrower must be a first time home buyer (meaning no ownership interest in a residential property for past three years)
  • Mortgage Insurance is required for LTV (Loan-to-Value) greater than 80%

Let’s Talk

Contact a GMFS Mortgage Loan Officer today!

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Rating: 5 out of 5

Working with John Graeber was an absolute pleasure! From the very beginning, he made the mortgage process smooth, stress-free, and transparent. He took the time to explain every detail, answered all our questions promptly, and provided the best possible loan options tailored to our needs. His professionalism, expertise, and dedication…

Working with John Graeber was an absolute pleasure! From the very beginning, he made the mortgage process smooth, stress-free, and transparent. He took the time to explain every detail, answered all our questions promptly, and provided the best possible loan options tailored to our needs.

His professionalism, expertise, and dedication were truly exceptional. Communication was top-notch, and I always felt informed and supported. I highly recommend him to anyone looking for a trustworthy and efficient mortgage lender. Thank you for making my first home-buying experience seamless and enjoyable!

Celeste B.
Rating: 5 out of 5

Working with John Graeber was an absolute pleasure! From the very beginning, he made the mortgage process smooth, stress-free, and transparent. He took the time to explain every detail, answered all our questions promptly, and provided the best possible loan options tailored to our needs.

His professionalism, expertise, and dedication were truly exceptional. Communication was top-notch, and I always felt informed and supported. I highly recommend him to anyone looking for a trustworthy and efficient mortgage lender. Thank you for making my first home-buying experience seamless and enjoyable!

Celeste B.
Rating: 5 out of 5

Very professional and good communication I would highly recommend them to anyone.

Karl C.
Rating: 5 out of 5

This company was so easy to work with! Ashely and her team were prompt and very informative. Everything was easy and online, and with our hectic schedule we stayed on target and closed in a timely manner. They will be recommended to any in my circle buying a new home!

Worship D.
Rating: 5 out of 5

Great experience for a first-time home buyer!! John made us feel comfortable throughout the whole purchase process.

Olivia B.
Rating: 5 out of 5

Darren worked with us to find the best rate at the best time in our timeline, listened and answered all concerns, & never had a hiccup

Taylor C. Benton, LA

What Sets Us Apart

A Lender Who Cares

With GMFS Mortgage, you’re not just getting a loan—you’re getting a team that’s all in, every step of the way.

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Established

Since 1999, we’ve helped over 150,000 people across 23 states become homeowners.

Efficient

Everything from processing to closing happens under one roof. That means fewer hiccups…and more high-fives.

Trusted

A+ BBB rating. Torch Award for Marketplace Trust. A reputation built on doing the right thing.

Experienced

Our team averages 14+ years in the industry—and a lifetime of showing up for our clients.

*Not a commitment to lend.  All loans subject to credit and property approval.  The following terms are for illustrative purposes only.  Rates, payments, and loans terms vary by consumer based on their individual qualifying information.   The payment amount illustrated does not include the amounts for taxes, property insurance, or mortgage insurance. 

Purchase PriceLoan AmountInterest RateAPRTerm
$239,000$227,0506.5%6.725%30