Fannie Mae’s HomeReady program delivers robust and flexible features that enable homeownership in communities everywhere. In addition to having low down payment options, this mortgage loan provides the convenience of allowing multiple sources of funds for down payments and closing costs.
An attractive solution for first-time and repeat homebuyers, those with low-to-moderate income who don’t have much money set aside for a down payment and closing costs, and have good credit and a stable job.
Primary residence, single family and 2-4 unit properties, condos and townhomes, Planned Unit Developments (PUDs), and manufactured double-wide homes; loan amounts up to $453,100 or based on County High Balance Limits.
When you are ready to embrace the joys of homeownership, the HomeReady Mortgage loan can deliver that little extra touch of understanding and special treatment that certain situations deserve. If this sounds good to you, then this program might have been created with you in mind.
Ready to get expert advice and determine what works best for your personal situation? Contact one of our local, caring mortgage professionals at a Branch Near You.