Freddie Mac Home Possible loan product designed for creditworthy, low- to moderate-income borrowers, with expanded eligibility for financing homes in designated low-income, minority, and disaster-impacted communities.
Home Possible Loan Features
Low down payment – Up to 95% financing for home purchase with many borrower flexibilities
Flexible source of funds – can be used for your down payment and closing costs with no minimum contribution required from your own funds
Conventional home financing with cancellable monthly Mortgage Insurance (MI) – helps you save money
Homeownership education – helps you get ready to buy a home and be prepared for the responsibility of homeownership. The Freddie Mac required homeowner education training is available online at http://www.freddiemac.com/creditsmart
For purchase and Rate Term Refi only
Primary residence only
Borrowers cannot own other property
Does not provide Cash on Hand
Non-occupant co-borrowers are not allowed
What can I say. Jeannie Martin Smith goes above and beyond to close the transaction in the right way and in the fastest amount of time possible. She keeps you constantly informed, is personable and is willing to go to great lengths to educate you and your client on the loan and funding process. She goes out of her way to make you feel satisfied and secure and that means everything. Thanks Jeannie for some great clients and great closings.
Prominus Real Estate
Jennifer Cloud (Realtor) GMFS Mortgage Customer
Thursday July 12, 2018
Jeannie, the whole team has been fantastic! Thank you for keeping us constantly updated & making the loan process so smooth. You’re hard work is very much appreciated!!
Keller Williams Realty Southlake
C. Brightwell (Realtor) GMFS Mortgage Customer
Thursday July 12, 2018
Carrie exceeded all of my expectations! She has helped me every step of the way, during and after my first home purchase. I highly recommend using Carrie Sanders.
Brad G. GMFS Mortgage Customer
Thursday July 5, 2018
I had a great experience on my recent refi. Everything was smooth and quick. All your staff were very helpful and responded quickly to all my questions. Clayton was fabulous to deal with.
Justin M. GMFS Mortgage Customer
Sunday July 1, 2018
Clayton & Doug really went the extra mile & helped me close on my house fast. Without them, this deal wouldn’t have worked. Great work guys!
Jonathan H. GMFS Mortgage Customer
Friday June 29, 2018
Over 89,000 customers and $14.9 billion in residential mortgage funding in 23 states
Processing, underwriting, and closing under same roof means smooth & predictable closings
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GMFS staff has an avg. of 14+ years of mortgage industry experience