May 22, 2024 by Mike Donoghue
Freddie Mac (OTCQB: FMCC) announced the winners of its Home Possible RISE Awards®. The annual program, RISE (Recognizing Individuals for Sustained Excellence), salutes Freddie Mac’s top clients across multiple categories for excellence with the Home Possible® and HFA Advantage® mortgage products – Freddie Mac’s affordable lending solutions for very low- to low-income homebuyers.
Premium Mortgage Corporation has received recognition in the Home Possible RISE Award for Fastest Growth category.
It is truly an honor to have received the prestigious Home Possible RISE Award for our work to help people in the communities we serve enjoy the benefits of homeownership. Changing a person or family’s future by creating sustainable homeownership is our focus and mission.
Our Loan Officers have truly embraced the affordable lending products offered by Freddie Mac, here are a few of their favorite features:
- Home Possible $2,500 credit for downpayment and/or closing costs for VLIP borrowers, aiding those who are otherwise buyer-ready but lacking sufficient assets to obtain a home, in addition to reduced Mortgage Insurance on single-family homes is a win-win, for our borrowers.
- 5% downpayment primary, multifamily purchase enabling qualified borrowers to become a homeowner, while also gaining landlord experience, resulting in their ability to build wealth through homeownership.
Our partnership with Freddie Mac has afforded us the opportunity to expand our outreach utilizing both Home Possible and HFA Advantage products. We remain steadfast in our commitment and look forward to working closely with Freddie Mac in assisting borrowers navigate through today’s affordability challenges.
The complete list of the award winners is available at SF.FreddieMac.com/RISE.
