Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.
Can You Use A HomeReady Mortgage to buy Your Next Texas Home
Fannie Mae launched a new First Time Home Buyers program called HomeReady designed to encourage home ownership. For those clients looking for larger properties or that have higher credit scores, HomeReady is an excellent choice. As a home buyer, our team will provide you with all the tools and a customized analysis to ensure you are getting the best loan program at competitive rates to suit your needs. We are dedicated to you – the home buyer – and to the principle that all transactions should be on time and as agreed.™
There are many benefits for a borrower using HomeReady mortgages. Besides that it is accessible and the financing is practical here are a few more borrower benefits:
There is a low down payment. The down payment is only 3% for loans up to $417,000 in Plano Texas and all of Texas. The down payment can come for the borrowers own funds or as a gift from a relative or fiancé. HomeReady has an online home ownership education that really help buyers prepare and get ready for what is required as a homeowner. Completion of the home ownership course is mandatory. You can start the Framework Home ownership course here. HomeReady is ... more
Are you on The Rain? Grow Your Network!