does freddie mac have a 3 down program 
freddie mac does have a program in which you can put 3 down on a home you must qualify for this program called homeone which serves first time buyers or cash out refinance borrowers you can use this loan to buy a single family home townhome or condo 6the bottom linethe federal home loan mortgage corp fhlmc or freddie mac plays a crucial role in the housing market by backing loans to borrowers freddie mac does not lend to borrowers directly but backs mortgages so that lenders will be encouraged to approve loans however you still must meet certain standards to qualify for a mortgage guaranteed by freddie mac 