DBA For James B. Nutter & Company NMLS 2067

HomeReady Mortgage

If you’re in the market for a new home, but worried that the process is too complicated or that you won’t have enough money for a down payment, Fannie Mae’s HomeReady program could be an option for you. This program was designed to help creditworthy low-income borrowers achieve the dream of homeownership. Nutter Home Loans has partnered with Fannie Mae for decades and is proud to offer this innovative program to our customers.

Advantages of a HomeReady mortgage

HomeReady is an affordable program that allows borrowers to purchase a home with a down payment as low as 3%, which is less than the requirement for an FHA Loan. Plus, the Mortgage Insurance (MI) for HomeReady borrowers is also at a reduced rate.

To help buyers qualify for a new home purchase, non-occupant borrowers are permitted. For example, your parents could co-sign on the loan, even if they have no intention of living with you. Co-borrowers are not required to occupy the property.

In addition, HomeReady offers flexible funding. This means cash for the down payment and closing costs can come from multiple sources, including gifts and grants - with no minimum personal funds required.

Check out the Fannie Mae HomeReady Fact Sheet.

The Benefits of Getting a Loan from Nutter Home Loans

  • We are one of the largest privately owned mortgage banking firms in the country.
  • Dedicated to borrowers nationwide since 1951. We’re licensed in all 50 states.
  • We have an A+ rating with the Better Business Bureau and believe in “If it’s not good for the customer, it’s not good for us.”
  • Our quick and easy online application process leaves you with less paperwork and more time for everything else. Plus, you can manage your mortgage online through our Customer Portal.
  • We offer some of the most competitive rates, including No Closing Cost Loan options - saving you money now, and in the future.
  • Our team of Home Loan Experts (non-commissioned, too!) are available via chat, email and phone to help you understand the details and whether a HomeReady mortgage is right for you.
  • We pride ourselves on having the best customer service in the industry – even after you close.

Sound a little complicated? Well, you’ve come to the right place.

Since 1951, we’ve helped people save hundreds, or even thousands of dollars a month, when they purchase or refinance their mortgage with Nutter.

Call 1-800-875-7334, send us an email or chat with us online and our team of non-commissioned Loan Officers will answer all your questions.

Additional Resources


Apply Now - Secure Online ApplicationApply Now - Secure Online Application

OR

Contact Us
(800) 875-7334
Please provide a valid US phone number.
i.e. 816-555-1234.
Please provide a valid US postal code.