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Find an Affordable Mortgage Solution

Grow your Affordable Mortgage origination opportunities by offering Freddie Mac products to help meet the needs of your borrowers and the communities you serve. 

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Enhanced Relief Refinance® Mortgage

Enhanced Relief Refinance Mortgage® provides opportunities to borrowers with existing Freddie Mac mortgages who are making timely payments, but are unable to take advantage of the standard Freddie Mac "no cash-out" refinance offering because the new mortgage exceeds maximum loan-to-value (LTV) limits. This offering builds on the Freddie Mac implementation of the Home Affordable Refinance Program® (HARP®).

Home Possible®

The Freddie Mac Home Possible®mortgage offers more options and credit flexibilities than ever before to help very low- to moderate-income borrowers attain the dream of owning a home. In addition to its down payment requirement of as little as 3 percent, Home Possible offers more options to responsibly increase homeownership for more borrowers– all with competitive pricing and the ease of a conventional mortgage.

HFA Advantage®

The Freddie Mac HFA Advantage® mortgage is a conventional mortgage product available exclusively to housing finance agencies (HFAs) seeking strategic solutions to diversify their product offerings and portfolio mix while expanding homeownership responsibly.

Community Land Trust (CLT) Mortgages

We’ve reimagined the mortgage process for Community Land Trusts (CLTs) and properties subject to resale restriction. We believe we’ve found the right balance among the interests of CLTs, borrowers and lenders. Our CLT mortgage offering preserves affordable housing units over time, promotes sustainable homeownership for borrowers and provides simpler underwriting requirements for lenders.

CHOICERenovation® Mortgages

CHOICERenovation® allows lenders to deliver loans to Freddie Mac where the borrower uses the loan proceeds to pay for the renovations.

CHOICEHome® Mortgage

If a manufactured home meets certain specifications, it is granted CHOICEHome certification and is eligible for CHOICEHome financing. Plus, in appraising these homes, we'll permit the use of site-built homes as comparable sales when there are no CHOICEHome sales available.

HomeOne®

Available to qualified first-time homebuyers for a low down payment of just 3%, HomeOne® is a low down payment option that serves the needs of many first-time homebuyers, along with no cash-out refinance borrowers. This mortgage solution allows you to help more first-time homebuyers achieve the milestone of homeownership, regardless of their income levels or geographic location.

HUD-Guaranteed Section 184 Native American Mortgages

To better serve the needs of Native American, Alaskan Native and New Mexican Pueblo home buyers, we now offer Section 184 Native American Mortgages guaranteed by HUD. These mortgages are purchased from lenders that have obtained Freddie Mac approval. Section 184 Native American Mortgages may be secured by 1- to 4-unit primary residences that may be either owner-occupied or leasehold estates located on both fee simple and restricted lands.

Refi Possible®

Freddie Mac Refi Possible® mortgage offers lower-income borrowers with the opportunity to reduce their monthly mortgage expenses, enhance their capability to save more and build generational wealth through housing.

CHOICEReno eXPress® Mortgage

CHOICEReno eXPress® is a streamlined renovation mortgage that enables you to offer an additional financing option for borrowers who are looking to finance smaller-scale home renovations.

Guaranteed Rural Housing

Reach underserved markets more easily with loans guaranteed by USDA’s Rural Housing Service (RHS) under its Section 502 Guaranteed Rural Housing (GRH) Loan Program. Through the GRH program you can meet the needs of rural borrowers who have the necessary income and credit history, but not the down payment required to qualify for a conventional mortgage.

Manufactured Homes Mortgages

Freddie Mac's requirements for manufactured homes are designed so that the mortgages we purchase are originated, underwritten and serviced to help qualified borrowers buy homes they can both afford and maintain. It's important to understand the requirements for titling manufactured homes and perfecting liens on the manufactured home in each state where mortgages secured by manufactured homes are originated.

Rural Housing Service Section 502 Leveraged Seconds

Help meet the needs of low-income rural borrowers and increase homeownership opportunities in underserved markets through Rural Housing Service (RHS) Leveraged Seconds. The Department of Agriculture's Section 502 Single-Family Leveraged Seconds Loan program is designed to meet the needs of low-income rural borrowers who have the necessary credit history, but may not have the income or down payment required for a conventional mortgage.

Affordable Seconds®

Affordable Seconds® help meet the needs of borrowers requiring flexible secondary financing options and sell affordable lending mortgage products supplemented by subsidized secondary financing. They must come from a duly authorized authority or agency of federal, state, local or municipal government, a nonprofit community or religious organization, the borrower's employer, or regional Federal Home Loan Banks under an affordable housing program.

Super Conforming Mortgages

Freddie Mac's super conforming mortgages are mortgages originated using higher maximum loan limits that are permitted in designated high-cost areas. These higher loan limits are intended to provide lenders with much-needed liquidity in the highest cost areas of the country, while also lowering mortgage financing costs for borrowers located in these areas.

GreenCHOICE Mortgages®

Freddie Mac believes that reducing home utility costs places families in a better financial situation and helps preserve home affordability over time. Through our GreenCHOICE Mortgage® offering, we are committed to facilitate the financing of energy efficient home improvements and energy efficient homes, helping more families attain and maintain home affordability.