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FNMA HomeReady
As little as 3% Down Payment Requirement
Download The FNMA Homeready Matrix

HomeReady provides flexible funding for a down payment and closing costs can come from multiple sources with as little as a 3% down payment requirement.

Ideal borrowers include those with low income and limited cash for a down payment.

Program Highlights

  • Owner Occupied Primary Residences
  • Purchase and Refinance
  • Max 97% LTV, 1- unit, Fixed Rate
  • Property Inspection Wavier per DU
  • W2 Only Programs available
  • 1 Year tax Returns per DU or LP Feedback
  • Max DTI per DU and LP
  • Blended Ratios with Non-Occupant Co-Borrower
  • Transfer Appraisal Ok
  • Follows Conforming Loan Limit Guidelines

Contact your Account Executive to learn more.