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NMLS# 243348
Full-Service Loan Originators
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HOMEREADY MORTGAGE
The BEST HOME LOAN LENDER Home Buyers and Real Estate Investors in CALIFORNIA
THE LOAN LADY Home Loans
HomeReady Mortgage
Help put opportunity within reach for more homebuyers in California
Utilize HomeReady®, an innovative mortgage solution designed to lower the obstacles to homeownership for low-income and very low-income borrowers.
The $2,500 credit* for eligible first-time homebuyers has been extended, and positive rent payment history is now being considered for loan eligibility. HomeReady can unlock new opportunities for both your borrowers your business.
CLIENT TESTIMONIAL
"As a loan officer, I highly recommend Fannie Mae’s HomeReady® Mortgage to clients. It’s perfect for low-income borrowers, offering as low as 3% down payment, flexible income sources, and reduced PMI costs. It empowers more families to achieve homeownership while maintaining affordability and enabling us to make a real difference in their lives – a true game-changer in the mortgage industry."
MORTGAGE LENDER
Flexible funding options enable more borrowers to attain homeownership by utilizing various sources for their down payment or closing costs
Additionally, lenders such as Joanna Perry of The LOAN Lady Home Loans can secure margins, lower hedging expenses, and benefit from an improved best-efforts commitment that provides pricing comparable to a mandatory commitment. With its numerous innovative features, HomeReady serves as a thorough solution that brings stability to the lending.
*For whole loans purchased on or after March 1, 2025, to February 28, 2026, and for loans delivered into mortgage MBS with issue dates on or after March 1, 2025, to February 1, 2026.
THE LOAN LADY - MORTGAGE BROKER IN SOUTHERN CALIFORNIA
IDEAL HOMEREADY BORROWER
LOW INCOME
FIRST-TIME OR REPEAT HOMEBUYERS
LIMITED CASH FOR DOWNPAYMENT
SUPPLEMENTAL BOARDER / RENTAL INCOME
LOOKING TO PURCHASE OR REFINANCE
HOMEREADY COMPARISON
THE HOME LOAN LADY MORTGAGE LENDER
BENEFITS
HOMEREADY
FHA
REQUIRED DOWN PAYMENT
CANCELLABLE MORTGAGE INSURANCE
IMMEDIATE APPRAISAL ORDERS FROM LENDERS
FREE FROM GEOGRAPHIC RESTRICTIONS ON LOAN AMOUNTS
3%
3.5%
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