Conventional Mortgage Program
A down payment and closing cost assistance program for Freddie Mac Home Possible or Home One mortgages, offering up to $1,500 in non-repayable assistance based on income and property location.
Underwriting at a glance
- Minimum FICO
- -
- Max LTV (purchase / rate-term)
- -
- Max LTV (cash-out)
- -
- Loan amount
- -
- Documentation
- -
- States
- most states
Highlights
- •Assistance up to $1,500 for down payment or closing costs
- •No repayment required
- •May be combined with other down payment assistance programs
- •Requires pre-purchase counseling with a HUD-approved homeownership counselor
- •Available for high needs census tracts or manufactured homes
Want to see if you qualify?
Tell us about your scenario - we'll come back with current pricing and exact guidelines.
Program guidelines and rates can change at any time without notice. Last confirmed 5/18/2026. Not a commitment to lend.
Today's mortgage rates
Conventional
6.125%
6.164% APR
FHA
5.500%
5.531% APR
VA
5.500%
5.530% APR
Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.