Community 1% Down: 1% Down on Home Possible
Put 1% down and receive a 2% grant (up to $6,000) on a Freddie Mac Home Possible conventional loan — 30-year fixed, no second lien.
Key rules
- Income at or below 80% AMI.
- Zip-code limited: available in select census tracts — we serve buyers in Arizona, California, Florida, Georgia, and Texas, so always run the property address to confirm.
- Cannot be combined with HomeFundIt, BorrowSmart, or Fannie Mae products.
- Credit and reserve requirements follow Home Possible / automated underwriting — confirm on your file.
Reflects the November 2025 relaunch structure. Check the current product page and zip locator before quoting.
Program guidelines change frequently. Verify the current guidelines and matrix before locking or quoting. This is educational information, not a commitment to lend. Equal Housing Opportunity.
Common questions
Is the grant repayable?
No — it's a grant, not a second mortgage.
Can I use it anywhere?
No — it's limited to select census tracts. We run your address through the locator first.
Can I stack it with other assistance?
No — it cannot be combined with HomeFundIt, BorrowSmart, or Fannie Mae products.
See what you qualify for
Tell us where you want to buy and how much you can put down. We'll match you with the assistance programs that fit — 100% combos, 1% down grants, or CalHFA — and walk you through every step.