Freddie Mac’s CHOICERenovation® loan program is perfect for funding home purchases with renovations estimated to take 9 months to 1 year.


Take a look at some of the program features below to see if CHOICERenovation® is a good fit for you! Ask about our Streamline version of this product as well.



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  • No Minimum Repair Amount
  • Maximum Repair Amount: 75% of as improved appraised value. The lesser of $50,000 or 50% of the as-completed value for manufactured home.
  • Renovation Duration: 365 days from the Note Date
  • Swimming Pool Construction Allowed
  • Structural & Non-Structural Repair


  • Primary Residence
  • Second Home Single Family Investor



  • First-Time Homebuyer
  • Purchase
  • Refinance
  • Renovation
  • Investment


  • Single family residences
  • 1-4-unit primary residence
  • 1-unit second home
  • 1-unit investment property
  • Manufactured homes (doublewide or greater)
  • Planned Unit Developments (PUDs)
  • Warrantable Condominiums

What Our Customers Are Saying


What Our Customers Are Saying


Everyone we came across at the company made our process a lot less stressful. They answered all our questions and made sure we handed everything that needed to be handed in on time. Thanks!

Paul K. / Homebuyer, NJ

We highly recommend Family First as they are an amazing team, efficient, honest and always available! Not only would I recommend Family First to my clients, I do use them for our family's mortgage needs!

Lisa C. / Real Estate Agent, FL

Great service, very professional. Highly recommended!

Christofer V. / Homebuyer, TX

Expertise, open communication at all times, and complete confidence knowing that my Buyer was wonderfully serviced and their loan would close!

Laure M. / Real Estate Agent, NJ

It was a smooth process from start to finish and I appreciate the time each of them took to answer any questions I may have had with respect to the process, the paperwork, etc. They were all incredibly kind, helpful, and responsive no matter how small the question may have been, and as a first time homebuyer I am very grateful for that.

Jessica S. / Homebuyer, NJ
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