Fannie Mae HomeReady®
Fannie Mae HomeReady® is designed to meet the needs of low-to-moderate income borrowers, providing flexibility in credit guidelines for those with limited cash resources.
The Fannie Mae HomeReady® program is great for first time homebuyers and borrowers with little or no credit history. HomeReady® is available with a variety of options designed to address some of the most common obstacles homebuyers face when purchasing a home. It offers options to help minimize or alternatively document cash for down payment and closing costs, more flexibility when qualifying for the minimum payment using your income, and a lower minimum credit score requirement than most mortgage programs.
Meet with our sales team:Discover how partnering with MFM can benefit your Credit Union and your members! Reach out to our sales team to customize your partnership and maximize your income potential.
Find the best partnership for you:Work with an MFM Account Executive to customize a partnership model that fits your Credit Union’s level of experience and unique needs.
Roll out your new mortgage program:Work with our team to rollout your new mortgage application, develop new marketing materials and unveil your new mortgage program to members!