Freddie Mac Home Possible Program

[Pierce R.]

Good Morning,

Is anyone aware of a minimum amount of time required to occupy a property that is purchased using this Freddie Mac program? We are first time home buyers looking to house hack a duplex and have a few reasons why we would like to avoid FHA. The Home Possible program seems to be our best option because of the low down payment (we were approved at 5% down). I know that FHA requires you to occupy the property for one year and was wondering if this program required anything similar. Have been browsing the forums and can't seem to find an answer.

Thanks!