Flexible Funding with HomeReady - Home Loan Experts with Great Mortgage Rates Serving Colorado, Florida, Illinois, Indiana, Michigan, Minnesota, Tennessee and Wisconsin

Tuesday, November 1, 2016

Flexible Funding with HomeReady

Get familiar with Fannie Mae's HomeReady program, which gives low to moderate-income borrowers the opportunity to finance a home with a low down payment and innovative underwriting standards. Benefits include:

  • Low Down Payment: Finance with as little as 3% down

  • Flexible Sources of Funds: Funds may be used for the down payment and closing costs with no minimum contribution required from the borrower's own funds

  • Affordable Monthly MI: Qualify for reduced rate mortgage insurance that can be cancelled once the loan is under 90% LTV

  • Homeownership Resources: Borrowers can prepare for sustainable home ownership with the online Framework course

HomeReady is an excellent program for a diverse range of borrowers. For more info, or to see if you qualify, contact us here or at 708-531-8388.

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