Homesteps file number

Freddie Mac takes reasonable steps to ensure that photographs and information we post on this website about a home offered for sale correctly depict or describe the home listed. However, Freddie Mac does not guarantee that any information is accurate, current or suitable for any particular purpose. Homes listed on the website may be included in a special program and may not be available for sale.

Questions relating to particular homes shown on these pages should be directed to the approved Listing Broker whose information appears with the home. Further terms concerning use of this website are set forth in the Terms and Conditions. Please sign in or register before saving this search. Email Address:. Sign In. Please sign in or register before downloading listings.

HomeSteps properties are cleaned and often repaired with new paint, flooring, and appliances. While there is no guarantee that an individual property will be sold at a discount, Freddie Mac says that on average, their homes sell for 95 percent of market value. These warranties cover many repair costs for homeowners, removing much of the uncertainty that can comes with a pre-owned house. Keep in mind that HomeSteps properties are available in almost every area of the U.

The financing offers several advantages, including down payments as low as five percent with no mortgage insurance and no appraisal requirement. This loan requires just three percent down and comes with reduced mortgage insurance.

HomeSteps properties can be found all over the U. Property types include single-family homes, condominiums, townhomes, manufactured homes and rural properties. You buy HomeSteps properties by working with a licensed real estate agent, just like you would with any property. There is one difference, though. This reduces competition from professional, cash home buyers looking to flip or rent out the property. You make an offer on HomeSteps property the same way you would for most kinds of residences.

Normally, it takes about 48 hours to get an acceptance or counter-offer from Freddie Mac. Legal acceptance occurs only when the contract is signed around by all parties, and that can take five to seven days.

If there are multiple bids, all candidates will be given a deadline to submit their best offer. The best bid will be accepted or countered by HomeSteps. That means working with a reputable agent who knows the area well. Learn more about HomeSteps, the buying process, offers and incentives, investors and more. The company is regulated by the Federal Housing Finance Agency. You can find out if Freddie Mac owns your loan by using our self-service loan look-up tool.

You received this letter because Freddie Mac has purchased your loan as an investor and, by law, we are required to inform you. This letter is sent to you for informational purposes only. N o action is required on your part and the sale does not affect any term, payment, or condition of your mortgage. Get the answers to the most frequently asked questions regarding this letter. PMI is an insurance policy that protects the lender if you are unable to pay your mortgage.

Get the answers to the most frequently asked questions asked about PMI. If you're looking to buy a home, your first step is to call your lender to discuss the mortgage application process. Learn more about finding and working with your lender. If you need help with your mortgage, there are many parties who can help you, including your lender, housing counselors, Freddie Mac Borrower Help Centers and others. Learn more about your options and ways to prepare for your discussion.

The process for buying a HomeSteps home and submitting an offer is similar to the process for buying just about any home listed on the market. The decision whether to rent or own your home depends on your personal circumstances and preferences. However, Freddie Mac's Rent vs.

Questions relating to particular homes shown on these pages should be directed to the approved Listing Broker whose information appears with the home. Further terms concerning use of this website are set forth in the Terms and Conditions. Please sign in or register before saving this search. Email Address:. Sign In.

Please sign in or register before downloading listings. Important Reminder HomeSteps and this downloading function are only for individual, non-commercial use and for individuals and entities transacting business with Freddie Mac. Agree Do Not Agree.