200000000 - Freddie Mac 2025

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The Freddie Mac HomeOne program doesnt set any limits on income. This makes it a good option for borrowers who have only a 3% down payment but earn more than the median income requirements set for the Fannie Mae HomeReady or Freddie Mac Home Possible programs.
Freddie Mac does not have site size or acreage limitations. However, when a property consists of a large acreage parcel(s) and is in a location where commercial farms or ranches are typical, the Seller needs to perform additional analysis of the property characteristics to make sure the property is residential.
Manually Underwritten Mortgages If the Borrowers monthly DTI ratio exceeds 45%, the Mortgage is ineligible for sale to Freddie Mac. As a guideline, the monthly DTI ratio should not be greater than 36% of the Borrowers stable monthly income.
With no geographic or income limits, HomeOneSM offers first- time homebuyers broad access to low-down payment financing.
A large deposit is any single deposit exceeding 50% of the sum of: The total monthly qualifying income for the Mortgage and. The amount derived from the asset calculation for establishing the debt payment-to-income ratio in ance with the requirements of Section 5307.1, if applicable.
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At least one borrower on the HomeOne mortgage must be a first-time homebuyer, which is defined as having no ownership interest (either sole or joint) in a residential property in the three-year period prior to the purchase of the subject property.
2024 was a solid year for Freddie Mac. We delivered our strongest earnings since 2021. Our net worth reached nearly $60 billion dollars. And we continued to employ strategies that help families stay in their homes and enhance Freddie Macs safety and soundness.
Borrowers whose qualifying income is less than or equal to 140% of county area median income qualify for the BorrowSmart Access program. Borrowers whose qualifying income is less than or equal to 80% of county area median income may also qualify.

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