Fannie Mae's New Home Lender Mortgage - HomeReady™
Fannie Mae has introduced HomeReady™ mortgage, our enhanced affordable lending product. HomeReady is designed for creditworthy, low- to moderate-income borrowers, with expanded eligibility for financing homes in designated low-income, minority, and disaster-impacted communities.
HomeReady will be available later this year, with details to be released in late September. Key HomeReady features include: