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Fannie Mae HomeReady Mortgage
Fannie Mae
Max Funding
$750,000
Program Overview
Low down payment mortgage for low to moderate-income borrowers
Eligibility Requirements
Borrowers with income at or below 80% area median income, 3% down payment
Additional Requirements
Homebuyer education, credit score minimum 620, income documentation
How to Apply
Apply through Fannie Mae-approved lender offering HomeReady