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Homebuyers

HomeSteps Buy-A-Home® Initiative

HomeSteps Buy-A-Home® is a special homebuyer education and incentive initiative designed to educate homebuyers about the benefits of homeownership and the necessary steps to purchase a Freddie Mac home. Through this initiative, HomeSteps has partnered with non-profit organizations and other housing professionals to provide homebuyer education and financial incentives to help families achieve affordable, sustainable homeownership when choosing a Freddie Mac-owned home.

How the Buy-A-Home Initiative Works

  • Take our two-part homeownership education series of workshops offered by a HUD-approved housing agency:
    • Part I: Credit and financial education.
    • Part II: Educational workshop about the home buying process and purchase of Freddie Mac-owned homes.
  • Upon successful completion of the workshops, you will receive a coupon offering 3% in closing cost assistance that can be applied toward the purchase of an eligible Freddie Mac home.

The Closing Cost Assistance Coupon is valid for one year from the date you complete the workshops, and must be presented to your real estate agent when you make an initial offer on a Freddie Mac-owned home. Additional restrictions, limitations, terms and conditions apply.

For more information, read our frequently asked questions.

Find a Workshop

The HomeSteps Buy-A-Home Initiative workshops are currently offered in select markets. Contact one of these participating organizations to see if they are offering a workshop in your neighborhood.

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