FANNIE MAE HOMEREADY®
Fannie Mae HomeReady® provides a low down payment mortgage with cancellable mortgage insurance once home equity reaches 20%.
Credit Score
620 and above
Low Down Payment
Down payments as low as 3%
Mortgage Insurance
Cancellable after home equity reaches 20%
Available for
First-time home buyers and repeat buyers
Refinance Options
Low-cost refinancing options available
Credit Score
620 and above
Mortgage Insurance
Cancellable after home equity reaches 20%
Refinance Options Available
Low-cost refinancing options
Low Down Payment
Down payments as low as 3%
Available for
First-time home buyers and repeat buyers
GOVERNMENT
VA LOAN
100% financing for eligible Veterans, Reservists and Active Duty Personnel
GOVERNMENT
VA LOAN
100% financing for eligible Veterans, Reservists and Active Duty Personnel