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BorrowerSmart by Freddie Mac

May 19th, 2022 11:10 AM by Ken Morley

Looking to purchase a new home? I thought I would share with you a limited time pilot program offered by Freddie Mac entitled "BorrowerSmart". Purchase clients with income at or under 80% of the area median Income (AMI) for the county they wish to purchase in receive a $1,250 credit and those under 50% of the AMI receive $2,500 credit off down payment & closing costs! For example, in the Denver-Metro counties 80% of the AMI is $83,840 and 50% of the AMI would be $52,400. Again the AMI is determined by the county where you wish to buy and the program is available for a primary residence only. This would help you to save even more of your hard earned money. It is subject to credit and property approval. On a first come, first served basis this pilot program is scheduled to end once Freddie Mac has 2,000 loans that are expected to close. Give us a call today at (303) 650-9400 to see if you qualify. 

Posted by Ken Morley on May 19th, 2022 11:10 AM



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