Fannie Mae's HomeReady® First program offers $5,000 in down payment or closing cost assistance, making homeownership more accessible in select markets!
Key benefits include:
✅ $5,000 in financial assistance
✅ $500 appraisal reimbursement
✅ Up to $1,000 title insurance credit
✅ One-year home warranty reimbursement
Eligible borrowers must currently reside in specific census tracts within metropolitan statistical areas (MSAs), but they can purchase a home anywhere! Eligible borrowers must meet Fannie Mae's income limits and other requirements, such as completing a homeownership education course. The grant provides $5,000 for down payment and closing costs, along with additional benefits like appraisal and title insurance credits.
Want to learn more? Reach out to Angela to verify eligibility with the HomeReady First system!
Angela Cason, Delaware Financial Mortgage
(302) 598 -7790
[email protected]