Home Possible guidelines
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The full Home Possible guidelines, 8 parts and 39 topics, searchable by topic. Sign in to open any of them.
- Matrices2 topicsOverview, (Purchase & Rate/Term Refinances) – Freddie Mac LPA
- Program and products10 topicsATR and QM, High Cost, HPML, Products/Terms
- Occupancy, contributions and reserves3 topicsOccupancy, Minimum Borrower Contributions, Reserves
- Borrowers and credit3 topicsEligible Borrowers, Acceptable Visa Types, Credit
- Property2 topicsProperty Types, Ineligible Properties
- Income and assets6 topicsBorrower Income Eligibility Limit, Income Documentation, Boarder Income, Rental Income
- Financed properties and condos4 topicsMaximum Number of Financed Properties, Recently Listed Properties, Streamlined Review for Condos, Interested Party Contributions
- Education, seconds and other requirements9 topicsHome Buyer Education, Landlord Education (2-4 Unit Primary Residences), Non-Traditional Credit, Leasehold Requirements (Please refer to Chapter 5704.1 of FHLMC guidelines for a complete list of guidelines)
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