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The Home Possible® program by Freddie Mac can be used for purchase or non cash-out refinance transactions for borrowers with a mid FICO score of 620 or higher.  This is a great option for first-time homebuyers or any qualified buyers who may lack funds for a larger down payment.  Applicants are not allowed to own any other properties to qualify for this loan program.  Please call me to see if you qualify for this great new program created to compete directly with FHA loans.

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