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Is a Low Down Payment Program an Option for You?

lisasheppard | February 3, 2015

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Last December, Freddie Mac launched Home Possible Advantage, a program designed to help buyers with limited savings purchase a home by allowing for a down payment as low as 3 percent. And with mortgage rates projected to increase later this year, those who qualify for the program – particularly first-time buyers — should consider leveraging it to make their homeownership dreams a reality.

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