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Search results for “HomeReady”


Get Help with Your Down Payment and Closing Costs on Your First Home
November 23, 2020

Get Help with Your Down Payment and Closing Costs on Your First Home

With ever-increasing apartment rental rates and student loan payments to manage, 5 in 10 millennials consider coming up with a down payment a major barrier to owning a home. And that’s before closing ...


Buying a Home With a Low Down Payment
August 9, 2023

Buying a Home With a Low Down Payment

Here are a few options to consider: Government-backed loans: VA loans and USDA loans require no down payment, while FHA loans require a down payment as low as 3.5%. Government Sponsored Enterprises (...


Mortgage Down Payment in 2022 - What You Need to Know
January 31, 2022

Mortgage Down Payment in 2022 - What You Need to Know

What is a Down Payment? A down payment is a percentage of the home’s purchase price that is paid in full at closing, upfront. (Hence why building up your savings is so important!) Additionally, it’s...


Can You Buy a House with No Money Down?
January 13, 2022

Can You Buy a House with No Money Down?

  Zero Down Option #1: The USDA Home Loan What is a USDA Loan? The U.S. Department of Agriculture offers a 100% financing mortgage. The program is also technically called a Section 502 mortgage, h...


Loan Options
March 6, 2024

Loan Options

VA Loan Options If eligible for a VA-guaranteed loan, below are VA loan options to consider. VA Purchase Loan Purchase your primary residence, such as a single-family, townhouse, or multi-fami...