Buy a home with no downpayment and a well-priced mortgage

Trade Sweat Equity for a Cash Down Payment and Closing Costs

By Natasha Wojcicki

Freddie Mac has enhanced its Home Possible Mortgage program by allowing “unlimited sweat equity” to be applied towards a new homeowner’s down payment and closing costs.  The idea is to help renovate aging homes, as well as increase home ownership opportunities.

Read about how it works in the full story here.