Getting ready to purchase your first home? If you can wait until the end of July, you wont need your entire wad of cash. Have some money left over to make your new house purchase into a home. Freddie Mac is introducing a new type of loan with no income or geographic restrictions. You have probably seen the the ads before, 3% down is all you need to buy an home. Then after contacting the loan officer or real estate professional you quickly learned that there were restrictions. Want more information, click on the CONTACT ME button and let's get you into your first home.
Only one person has to be a first time home buyer to qualify for this program and at least one person must have a usage credit score.
You can use the loan to buy a single family, townhouse and condo, it must be your primary residence.