An established mortgage broker for Over 10 years, BFR is an expert in mortgage financing. We have lenders offering Fannie Mae HomeReady programs for qualified borrowers.
A unique Fannie Mae fixed rate program with enhanced pricing and lower mortgage insurance requirements. To qualify for the program, a borrower’s annual qualifying income must not exceed 80% of the area median income (AMI) based on the property’s location.
To view income limits for the area in which your property is located, click here.
Borrowers obtaining a purchase mortgage must complete a 4-hour online Homebuyer Education course.