We’ll get you home.
HomeReady™ is a mortgage product designed for creditworthy, low-to moderate-income borrowers, with expanded eligibility for financing homes in low-income communities.
This product features:
- As low as 3% down payment
- Up to 97% loan-to-value (LTV) financing for home purchases.
- Use flexible sources of funds for down payment and closing costs.
- Roommates and relatives may help qualify even if they are not included on the mortgage.
- Co-borrowers are not required to live in the home, so relatives or other individuals may assists with the home purchase.
- Single family homes, condominiums, 2 – 4 family homes
- Purchases must be primary residence only.
- Framework® Homeownership course prepares you for sustainable homeownership