Over the past few months, we have been asked a multitude of questions about the HomeReady™ Mortgage.
Is it only for first-time home buyers? May the down payment really be less than an FHA loan? The questions roll on. Continue reading The Mysterious HomeReady Mortgage
According to Fannie Mae, the HomeReady program was “designed for creditworthy, low- to moderate-income borrowers, with expanded eligibility for financing homes in designated low-income, minority, and disaster-impacted communities.” This program offers another avenue for lending. To check a property’s eligibility, click on the map below, which is a tool offered by Fannie Mae.
Whether you’re a real estate agent, home shopper or someone looking to refinance his or her mortgage, feel free to call us (813-707-6200) if you have any questions about Fannie Mae’s HomeReady program. We will be glad to answer your questions.