Buying A Home - Affordable Housing Programs

Freddie Mac is dedicated to improving the quality of life by making the American dream of decent, accessible housing a reality. We do this by working with lenders committed to building communities, and by opposing predatory lending practices that strip equity, destroy families and devastate neighborhoods.

We also work with numerous community-based organizations. The collective task that Freddie Mac and these organizations have before them is to extend today's achievements to more families tomorrow, particularly for minority and low-income families who are underserved by the market.

Some of these organizations touch consumers directly, helping them step-by-step through the home ownership process. Freddie Mac works behind the scenes, where much work can be done. Using the power of the charter Congress gave us in 1970, we make the mortgage process faster, fairer and more affordable. We also reach out to new sources of capital for community-based lending. In fact, since our creation in 1970, we've financed homes for more than 50 million families in America.

Please click here for more information on available resources and brochures, that may be helpful to prospective homebuyers as well as to existing homeowners.

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