Through the Freddie Mac BorrowSmartSM program, community organizations can find ways to help more borrowers overcome persistent challenges to homeownership. The program’s goal is to assist qualified homebuyers in obtaining an affordable mortgage. Qualifying borrowers who complete pre-purchase housing counseling through a HUD-approved counseling provider may be eligible for down payment and closing cost assistance.
Borrowers purchasing a real-property manufactured home must complete this eHome manufactured housing homebuyer education curriculum for BorrowSmart down payment and closing cost assistance.
For more details about BorrowSmart, please reach out to your housing counseling agency, Frontier Housing (www.frontierky.org)
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MyPath2Own Down Payment/Closing Cost Assistance Mortgage Readiness Verification Form
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