Fannie Mae HomeReady Loans
HomeReady helps qualified borrowers achieve homeownership with only 3% down and the ability to use income from other household members for qualification. This program is designed to serve diverse borrower needs with affordable mortgage options.
Scenario
Luis and his parents wanted to buy a home together. With Fannie Mae HomeReady, they could use combined household income to qualify, making homeownership affordable for their entire family under one roof.
“Affordable Lending That Works for Families.”
Borrower Checklist:
3% down payment
Household income may qualify
Education course required
Documentation Checklist:
Pay stubs (last 30 days)
W-2s (last 2 years)
Tax returns (if self-employed)
Bank statements (last 2 months)
Valid photo ID
34125 US Highway 19
Suites 110 and 200, Office 291
Palm Harbor, FL 34684
1.813466.4319
NMLS: 1693869 | 130562
Licensed by the Department of Financial Protection and Innovation (DFPI)