Fannie Mae HomeReady Loans

Honor Bank - Here For Your Success

Fannie Mae HomeReady is a fixed-rate, affordable housing program for creditworthy, low-to-moderate income borrowers offering up to 97% financing.

  • Up to 97% financing
  • Ideal for low to moderate income borrowers
  • Affordable and cancellable monthly mortgage insurance
  • Cash for down-payment and closing costs can come from multiple sources including gifts, with no personal funds required
  • Homeownership education. The online HomeView course prepares borrowers for sustainable homeownership; other education and housing counseling options are available