HomeReady® Mortgage Loan

HomeReady® Mortgage

HomeReady® Mortgage Loan by Fannie Mae

Built with today’s homebuyers in mind
Our low down payment HomeReady® Mortgage is designed to help lenders confidently serve today’s credit-worthy low-income borrowers.

Verification of Self-Employment
Low closing costs
Easy credit qualifying

Low income
First-time or repeat homebuyer
CA, FL, ME, NJ, NY, TX
Limited cash for down payment
3-years to 30-years
30-Year Fully Amortization
3% Down Payment
NO PPP (Pre Payment Penalty)
Minimum FICO 680
MISC

CPA MORTGAGE LOAN

The CPA letter typically includes the following details:

Verification of Self-Employment
Income Verification
Assurance of Accuracy
CPA Contact Information

When requesting a CPA letter for a mortgage, it’s essential to provide all necessary financial documents to your accountant to support the information included in the letter. Additionally, the content and specific requirements of the letter may vary depending on the lender’s guidelines, so it’s advisable to check with your mortgage lender to ensure that the letter meets their criteria.