If you think you wouldn’t qualify for a home loan under normal circumstances, you’re in luck: there’s a new loan product for people with lower income, low or no credit, and little cash for a down payment. The Fannie Mae HomeReady® mortgage loan can help people who might not meet the guidelines for a typical home loan.
Income from non-owner household members, such as a boarder or renter
Low credit or lack of credit history
Co-signer if you have insufficient credit
If you thought homeownership was out of your reach, it’s time to think again. Contact me to learn more about the HomeReady loan from Fannie Mae and see if we can make your dreams come true.
HomeReady is a registered trademark of Fannie Mae. We are not acting on behalf of or at the direction of Fannie Mae or any government entity or program. Program rates, terms and conditions are subject to change at any time and may vary based on borrower’s credit history. Not all applicants will qualify.