The HomeReady® Mortgage Program was designed to make it easier to purchase a home if you don’t have a lot of money for a down payment or perfect credit.
Program Highlights:
- 620 minimum FICO
- Low down payment as little as 3%
- Flexible source of down payment allowed
- Flexible source of household income allowed
- Homeowner education is required - purchase only
- No requirement for the borrower(s) to be a First Time Homebuyer