The HomeReady® program enables individuals with limited income to buy a home with a low down payment.

Question:

Question:

Looking to purchase or refinance a home but don’t have a lot of money to put down?

Consider a HomeReady® Loan

The HomeReady® program from Fannie Mae through Northpointe Bank enables individuals with limited income and funds to buy a home with flexible down payment options and no minimum borrower contribution.

Income limits may apply. HomeReady® is a registered trademark of Fannie Mae. All loans are subject to credit review and approval. This is not a commitment to lend.

QUICK
FACTS

Minimum Credit Score:

620

Max Debt-to-Income:

43%

Max Loan Amount:

$726,200*

Available for:      Primary Residences    

QUICK
FACTS

Minimum Credit Score:

620

Max Debt-to-Income:

43%

Max Loan Amount:

$726,200*

Available for:

  Primary Residences

BENEFITS OF HOMEREADY®

Review the following benefits of the HomeReady® Loan Program and see if it is the right fit for your homeownership goals.

Qualify with help

HomeReady® mortgages allow co-borrowers who don’t live in the home to be included on the mortgage, such as parents or others who want to help. And, extended family or other household member’s income can help you qualify—even if they aren’t on the mortgage.

Flexible down payment requirements

Unlike a standard conventional loan—HomeReady® is ideal for homebuyers with limited savings, and the down payment and closing costs can be paid from sources other than your own funds.

Savings over the life of the loan

With private mortgage insurance that may cost less over time—may be eligible to be cancelled once 20% home equity is reached, unlike mortgage insurance on government-insured loans.

Term Options:

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Is HOMEREADY® Right for You?

Fill out this questionnaire to see if we can help you achieve your homeownership goals with HomeReady®.

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CALL US NOW           801.810.6503

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CALL US NOW

   801.810.6503

HomeReady® is available in the following states: All States

Why Choose at Northpointe Bank?

The answer is clear:

More Options. Better Pricing. Period.

Join the many satisfied Utahns who’ve gotten their mortgage loan for their dream home through Team 101 at Northpointe Bank.

Rated 4.9 out of 5

Rated 4.9 out of 5

Based on 469 customer reviews

Based on 469 customer reviews