Financing designed to put home ownership within your reach.
HomeReady is a Fannie Mae loan program that is designed to extend the privileges of home ownership to buyers with limited household incomes. You may be able to buy a home with little or no money out of your pocket by using gift funds provided by your family members.
HomeReady may be right for you if:
- You have money to put down; or,
- You want a low down payment; or,
- You want to purchase a new home or refinance your current home.
Features and Benefits from Premier Lending Group, Inc.:
- Down payment: 3% and up
- Purpose: Purchase or refinance
- Credit scores: Down to 620 allowed
- Gifts: Down payment and closing costs can be a gift
- Flexible qualifying requirements: No income or geographic restrictions, so you’re free to shop for a home within the neighborhoods you prefer.
- Occupancy: Primary residences
- Loan types: Fixed rate financing for easier budgeting
- Loan terms: 30 years
- Property types: single-family, 2-4 unit properties, condominiums and properties in Planned Unit Developments (PUDs)
- Qualify for more: as much as 25% more financing compared to our competitors
- Other requirements and conditions apply
We will meet your needs and exceed your expections. For more information, please complete our form below: