This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
This link will take you to a 3rd party website.
| VA 30-Year Fixed Rate | |
|---|---|
| Interest Rate | -- |
| APR | -- |
| Loan Amount | -- |
| Down Payment | -- |
| Term | 30 Years |
| Monthly Principal & Interest Payment (Excludes taxes and hazard insurance; total payment will be higher) |
-- |
| Estimated Closing Costs (includes the cost for required discount points) |
-- |
| Upfront Mortgage Insurance Premium | -- |
Rates, terms, and fees as of and subject to change without notice.
The following table illustrates the minimum and maximum payments over the life of this loan example.
| Projected Payments | |
|---|---|
| Payment Calculation | Years 1-30 |
| Principal & Interest | -- |
| Mortgage Insurance | -- |
| Estimated Total Monthly Payment (Excluded taxes and hazard insurance; total payment will be higher) |
-- |
| FHA 30-Year Fixed Rate | |
|---|---|
| Interest Rate | -- |
| APR | -- |
| Loan Amount | -- |
| Down Payment | -- |
| Term | 30 Years |
| Monthly Principal & Interest Payment /(Excludes taxes and hazard insurance; total payment will be higher) |
-- |
| Estimated Closing Costs /(includes the cost for required discount points) |
-- |
| Upfront Mortgage Insurance Premium | -- |
Rates, terms, and fees as of and subject to change without notice.
The following table illustrates the minimum and maximum payments over the life of this loan example.
| Projected Payments | |
|---|---|
| Payment Calculation | Years 1-30 |
| Principal & Interest | -- |
| Mortgage Insurance | -- |
| Estimated Total Monthly Payment (Excluded taxes and hazard insurance; total payment will be higher) |
-- |
| 15-Year Fixed Rate | |
|---|---|
| Interest Rate | -- |
| APR | -- |
| Loan Amount | -- |
| Down Payment | -- |
| Term | 30 Years |
| Monthly Principal & Interest Payment (Excludes taxes and hazard insurance; total payment will be higher) |
0 |
| Estimated Closing Costs (includes the cost for required discount points) |
-- |
| Upfront Mortgage Insurance Premium | -- |
Rates, terms, and fees as of and subject to change without notice.
The following table illustrates the minimum and maximum payments over the life of this loan example.
| Projected Payments | |
|---|---|
| Payment Calculation | Years 1-15 |
| Principal & Interest | -- |
| Mortgage Insurance | -- |
| Estimated Total Monthly Payment (Excluded taxes and hazard insurance; total payment will be higher) |
-- |
| 30-Year Fixed Rate | |
|---|---|
| Interest Rate | -- |
| APR | -- |
| Loan Amount | -- |
| Down Payment | -- |
| Term | 30 Years |
| Monthly Principal & Interest Payment (Excludes taxes and hazard insurance; total payment will be higher) |
-- |
| Estimated Closing Costs (includes the cost for required discount points) |
-- |
| Upfront Mortgage Insurance Premium | -- |
Rates, terms, and fees as of and subject to change without notice.
The following table illustrates the minimum and maximum payments over the life of this loan example.
| Projected Payments | |
|---|---|
| Payment Calculation | Years 1-30 |
| Principal & Interest | -- |
| Mortgage Insurance | -- |
| Estimated Total Monthly Payment (Excluded taxes and hazard insurance; total payment will be higher) |
-- |
With the FannieMae HomeReady/HomePossible® program, borrowers can receive a conventional loan with a down payment option as low as 3%. It also provides greater flexibility for funding closing costs & down payments, and reduced monthly mortgage insurance.
First Time Homebuyers utilizing the HomeReady/HomePossible Program are required to complete an online education course through Fannie Mae. This course is designed for the borrower to gain essential knowledge to help navigate the loan process & prepare for homeownership.
Income Eligibility Restrictions must be met in order to qualify for the HomeReady/HomePossible® Grant. This includes a current income at or below 80% of the Area Median Income.
