Get Ready… To Own Your Own Home!

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Do you have a credit score of at least 620 — or nonexistent credit?
Do you receive rental income from a friend, family member, or boarder who lives with you?
Do you have limited funds for a down payment?
Then Fannie Mae’s HomeReady loan program may be for you!
Borrowers with low to moderate income now have a program they can turn to when they’re ready to take the plunge into homeownership. With this unique program, you can use the combined income of everyone in your household toward qualifying for a home loan, including rental payments you receive as income. And you don’t even have to contribute any of your own money. With a HomeReady loan, your down payment can come from a gift or grant.
In fact, you don’t even have to have low income to qualify for HomeReady. In some circumstances, borrowers who are purchasing a home in a low-income or high-minority census tract may be eligible — regardless of their income.

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If you’re interested in owning your home but not sure if you’ll qualify for a loan, let’s see if the HomeReady program can help turn your dreams into reality. Contact me today to get started!
We are not acting on behalf of or at the direction of Fannie Mae or any government entity or program. Program rates, terms and conditions are subject to change at any time and may vary based on borrower’s credit history. Not all applicants will qualify.