This is an income-based program offered by Freddie Mac. The Freddie Mac Home Possible® mortgage offers more options and credit flexibility than ever before to help low- to moderate-income borrowers purchase a home.  In addition to its low down payment requirement (as little as 3 percent), Home Possible now offers more program options that can make home ownership even more available. Some of these options include allowing co-borrowers who will not be living in the home (single family properties only), allowing the borrower to own other properties, and much more - all with competitive pricing and the ease of a conventional mortgage.