Need To Qualify For More?

Directors Mortgage has the solution! Fannie Mae’s HomeReady loan program is designed to help you realize your dream of homeownership with guidelines specifically created to help you qualify!  Some of the highlights include:

  • Only 3% down payment required – even better, the entire down payment (and closing costs) can come from a gift or grant!
  • You do not need to be a first time home buyer to qualify!
  • Unique income sources (boarder income, non-borrowing household member income, and rent from an ADU) can allow for greater purchasing power!
  • Reduced mortgage insurance applies when you put less than 10% down, which will result in a cheaper overall payment!
  • Rates can be as good or better than normal conforming rates depending on your down payment and credit score!

Income limits may apply; contact your Directors Mortgage Senior Mortgage Specialist to help you get started. Don't have one yet? Find our closest office to you!