Freddie's REO inventory + Home Possible 3% down loan + up to 2% grant for very-low-income buyers.
Freddie Mac's HomeSteps is the twin of Fannie's HomePath: owner-occupant First Look, below-market REO pricing, and pairing with Home Possible 3% down financing. Home Possible allows non-occupant co-borrowers, boarder income, and — for buyers under 50% AMI — a 2% forgivable Very Low Income Purchase (VLIP) grant. No mortgage insurance cancellation issues after 20% equity.
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Eligible veterans buy with $0 down, no PMI, and assumable rates.
0% down in USDA-eligible areas — includes many suburban zip codes.
Neighborhood Assistance Corp of America — below-market rate, zero down.
Fannie / Freddie low-income programs — 3% down + reduced PMI.
1.25–2.25% down for enrolled tribal members — nationwide.
State / county / employer DPA — $5K–$50K forgivable or 0% deferred 2nd.
$100 total down on FHA-repossessed homes for owner-occupants.
3.5% down + rehab budget rolled into one loan — buy distressed properties.