Loan Products

Affordable Seconds

A secondary financing option that helps borrowers cover down payment and closing costs, making homeownership more attainable by reducing upfront expenses and complementing affordable mortgage programs.

Cash‑Out Refinance

Allows homeowners to refinance their mortgage and take cash out from their home equity, providing flexible funds for any purpose such as renovations or debt consolidation.

CHOICEHome® Mortgage

Finances manufactured homes with features comparable to site-built homes, expanding affordable housing options with flexible terms for purchase or refinance.

CHOICEReno eXPress® Mortgage

A streamlined renovation loan for smaller projects, combining home financing and minor improvement costs in a single, quick process.

CHOICERenovation® Mortgages

Enables borrowers to finance a home purchase or refinance and renovations in one loan, simplifying home improvement costs and offering flexible uses including disaster recovery.

Community Land Trust (CLT) Mortgages

Supports homeownership on community land trust properties, maintaining long-term affordability with special guidelines and flexible terms for purchase or refinance.

Condominium Unit Mortgages

Finances condo units within eligible projects, providing specialized, flexible options for owner-occupied or investment condos that meet Freddie Mac standards.

Construction to Permanent Mortgages

Combines construction and permanent financing in one loan and one closing, simplifying the process and converting to a traditional mortgage after the home is built.

Financed Permanent Buydown Mortgages

Lets borrowers finance the cost of a permanent interest rate buydown, reducing payments for the life of the loan with the buydown cost included in the mortgage.

Fixed‑Rate Mortgages

Offers stable, predictable payments with a fixed interest rate for the loan term, available in various durations to suit borrower needs.

Guaranteed Rural Housing

Provides USDA-guaranteed loans to rural homebuyers, expanding affordable homeownership with low or no down payment and flexible credit requirements.

HeritageOne® Mortgage

Tailored for Native American borrowers and tribal communities, this product offers flexible credit, affordable terms, and supports properties on tribal lands.

HFA Advantage®

Supports borrowers using Housing Finance Agency programs with low down payments, reduced mortgage insurance, and flexible credit requirements for affordable homeownership.

Home Possible®

Designed for low- and moderate-income borrowers, this mortgage allows as little as 3% down and offers flexible underwriting, funding sources, and reduced mortgage insurance.

HomeOne®

A 3% down, fixed-rate mortgage for first-time buyers and no cash-out refinancers, with broad eligibility and no income or geographic restrictions for primary residences.

Investment Property Mortgages

Finances the purchase or refinance of 1-4 unit investment properties, supporting real estate investors with conventional mortgage options.

Loans with Secondary Financing

Allows borrowers to use secondary financing alongside a primary mortgage, making homeownership more accessible by reducing upfront costs through grants or loans.

Manufactured Homes Mortgages

Finances single and multi-section manufactured homes for purchase or refinance, expanding affordable housing with flexible down payment options.

HUD‑Guaranteed Section 184 Native American Mortgages

Government-backed loans for Native American borrowers, featuring flexible underwriting and terms for properties on tribal lands.

Mortgages for 2‑ to 4‑unit Properties

Finances properties with 2-4 residential units, supporting both homeowners and investors with conventional terms for purchase or refinance.

Mortgages Secured by Income‑Based Resale Restricted Properties

Supports affordable housing with resale restrictions tied to borrower income, promoting long-term affordability and flexible terms.

Mortgages with Temporary Subsidy Buydown Plans

Reduces initial mortgage payments through temporary interest rate buydowns, making early homeownership more affordable with flexible funding options.

No Cash‑Out Refinance Mortgages

Refinances existing mortgages without equity withdrawal, focusing on lowering rates or payments through a streamlined process.

Renovation Mortgages

Combines home purchase or refinance and renovation costs in a single loan, simplifying financing for repairs or upgrades across multiple property types.

Rural Housing Service Section 502 Leveraged Seconds

Combines USDA Rural Housing Service loans with Freddie Mac secondary financing, increasing affordability and access for rural homebuyers.

Seller‑owned Converted Mortgages

Allows sellers to convert their existing mortgages to Freddie Mac-owned ones, providing liquidity and aligning portfolios with Freddie Mac standards.

Seller‑owned Modified Mortgages

Enables sellers to modify and transfer mortgages to Freddie Mac under specific conditions, offering flexibility and liquidity while meeting Freddie Mac requirements.

SOFR‑Indexed ARMs

Adjustable-rate mortgages indexed to SOFR, offering flexible payment options with periodic rate changes for purchase or refinance.

Super Conforming Mortgages

Finances homes in high-cost areas with loan limits above standard conforming limits, providing conventional options for larger loan amounts.

Veterans Affairs (VA) Mortgages

Government-backed loans for eligible veterans and service members, offering affordable terms, low or no down payment, and flexible credit requirements.

Refi Possible

Helps lower-income borrowers refinance to reduce monthly payments, offering simplified documentation and eligibility for cost-saving options.