Home Ready®
Accesible and affordable homebuying
Choose a flexible loan with friendly income and lower down payment options.
Today's Home Ready® rates
Discover competitive rates, updated daily.
Want to talk to an expert?
Schedule a callRates as of January 16, 2026
See assumptionsHome Ready® benefits
- Down payments as low as 3% to help you become a homeowner sooner
- Non-borrower household income can help you qualify, including income from family members not on the loan
- Lower-cost private mortgage insurance (PMI) that's cancelable once you reach 20% equity
- Income from basement apartments or accessory units can be considered for qualification
- Return to us for refinancing or home purchases with $0 bank fees
Eligibility requirements
- Minimum credit score of 620, exceptions may be considered
- First-time homebuyers must complete an approved homeownership education course
- Available for single-family homes, townhomes, row houses, and 2-4 unit properties
- Property must be primary residence, not an investment property
- All borrowers must occupy the home
Explore other loan types
Browse through a variety of home loans and learn about their benefits.
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No hidden fees. No surprises. We offer transparent loans and operate on strict timelines to meet your closing goals.