Fannie Mae’s Home Ready- 3% down- BRAND NEW
Home Ready is a conventional loan purchase program that allows a minimum 3% down payment.
You can even have a co-signer and the down payment can come as a verified gift. Home Ready is designed to promote home ownership. It does not require the applicant be a first time homebuyer!
Requirements dictate this must be your primary residence. Designed to complete with FHAs 3% down but without the upfront PMI and monthly PMI imposed on FHA loans.
Working with New South Mortgage
- We put YOU first.
- New South Mortgage offers some of the most competitive rates in the Nation!
- Fast and efficient, we close most of our loans in 30 days or less.
- We offer a variety of loans. New South Mortgage can help you find the loan that is right for you!!!