Wednesday, August 8, 2018

Freddie Mac Home One- Low Downpayment Loan

Mortgage Quest
a dba of McCormick Lending Group, Inc.

We are now offering the Freddie Mac HomeOne mortgage, which is a low down payment option that serves the needs of first time homebuyers and high LTV rate and term refinance. 

Highlights are described below.

Mortgage Features:
  • 95.01-97% LTV
  • Primary Residence Only
  • Purchase and Rate and Term Refinances
  • No borrower geographic or income limits
  • At least one borrower must be a first-time homebuyer
  • Homebuyer education for purchase transactions when ALL borrowers are first-time homebuyers
  • Standard 35% MI coverage required for LTV’s >95%

Bob McCormick, President


Toll Free 800-328-0144 

 Lending in Arizona and California 

"Don't Overpay For Your Mortgage"

mb0903631 nmls175743 nmls179756 Cadoc603J043  Equal Housing Lender