Hot Mortgage Loan Programs

A HomeReady™ Mortgage is designed to help lenders confidently serve today’s market of credit-worthy, low- to moderate-income borrowers, with expanded eligibility for financing homes in designated low-income, minority, and disaster-impacted communities.

The HomeStyle® Renovation mortgage permits borrowers to include financing for home improvements in a purchase or re-finance transaction of an existing home.

A reverse mortgage loan is a type of mortgage loan similar to a home equity loan in that it allows you to borrow against the money you have already paid toward it. The difference is that you don’t have to pay it back until you move out, sell the home, or die. That means that you get the benefits of a home equity mortgage loan without the burden of making more payments.

Offering loan flexibility and rate security if you want it, an FHA mortgage loan is an easy way to get a new home loan. Down payments can be as low as 3.5%.