Homeready by Fannie Mae

Homeready is designed to facilate the home buying process. It allows homebuyers to put as low as 3% down to obtain a mortgage compared to 3.5% for FHA. Unlike FHA, Homeready requires a credit score of 620 to be eligible. However, with a score of 680 or above, one might be able to benefit from… Continue Reading

Virginia housing programs

Having access to resources to purchase a property can be challenging for most people. Whether it is credit issues or income issues. Each state has programs that allow its residents to partake in homeownership.Today I will provide some info about some of the programs available in VA. Virginia Housing Development Authority Loans This programs offers… Continue Reading