The HomeReady program has a variety of options to help low-to-moderate-income borrowers purchase or refinance their home, including flexible income sources and low down payment options**

  • Credit scores as low as 620
  • Owner occupied 1-4 units, condos and PUDs
  • For single family residences, there is no minimum borrower funds contribution (gift funds are acceptable)
  • Non-occupant borrower income is allowed
  • Homeownership course is required
  • No first time home buyer requirement
  •  Up to 97% financing
  • Income limits apply. Check HUD area median income limits:
  • Gifts, county assistance programs as a source of funds for down payment and closing costs are permitted 


*HomeReady is a trademark of Fannie Mae

** All loans are subject to credit and property approval. Programs, rates, terms and conditions are subject to chance without notice. Other restrictions apply.

HomeReady Loan Program*

NMLS# 150934

HomeReady Loan Program*