We are proud to offer the Freddie Mac BorrowSmart Access℠ program, helping make homeownership more affordable for eligible homebuyers. With this program, homebuyers can receive up to $3,000 in down payment and/or closing cost assistance.
Eligible homebuyers can use this down payment assistance program to:
Achieve the minimum down payment required for their home loan
Cover all or part of their closing costs
Lower their monthly mortgage payment and debt-to-income ratio
Bring less of their own funds to the closing table, retaining more funds for future needs