Your Mortgage Blog

Posted on
January 15, 2025
by
Neena Vlamis

A and N Mortgage is proud to offer Freddie Mac BorrowSmart AccessSM

$3,000 Down Payment/Closing Cost Assistance for First-Time Homebuyers

Freddie Mac’s BorrowSmart AccessSM mortgage aims to assist borrowers by providing built-in down payment/closing cost assistance.

Program Benefits:

• Assistance to achieve a 3% min down payment, or assistance towards closing costs

• Allows borrowers to bring less of their own funds to closing table, retaining more for reserves

• Pre-purchase counseling provided

Program Requirements:

• Complete homebuyer counseling

• First-time homebuyer

• 1 or 2 unit owner-occupied primary residence

• Must meet income requirements and be located in a metropolitan eligible area

Get Pre-Approved Fast!

Welcome to a better mortgage experience! In just few minutes you can find out what you qualify for and explore multiple loan options and interest rates.

Complete our short and intuitive pre-approval interview to get started.

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