Fannie Mae HomeReady®
Fannie Mae HomeReady® is designed to meet the needs of low-to-moderate income borrowers, providing flexibility in credit guidelines for those with limited cash resources.
The Fannie Mae HomeReady® program is great for first time homebuyers and borrowers with little or no credit history. HomeReady® is available with a variety of options designed to address some of the most common obstacles homebuyers face when purchasing a home. It offers options to help minimize or alternatively document cash for down payment and closing costs, more flexibility when qualifying for the minimum payment using your income, and a lower minimum credit score requirement than most mortgage programs.
Apply and Get Pre-QualifiedFill out our easy online application and work with your local real estate agent to explore your options and find the perfect home!
Work with Our ExpertsProvide the necessary information and documentation needed for our mortgage experts to underwrite and process your loan.
Move InOnce you've closed on your home, the mortgage process is complete! Get ready to move in and start enjoying your new space!
Total Amount Funded in 2020
Loans Closed Since 2001
States Where We Can Lend
Use these calculators to quickly estimate what your monthly mortgage payment could be, how much of a mortgage you may be able to afford, and for guidance on whether refinancing your current mortgage would make sense financially in today’s market.