FNMA “HOME READY” for the First Time Homebuyer

• 97% LTV
• 620 FICO
• 50% Debt to Income Ratio
• Gift for Down Payment OK
• Lender Credit for MI
• $59,400 Max Family Income

Here is a special first time homebuyer loan program that allows a gift for the down payment and a non-borrowing occupant’s income to be counted towards the Borrowers income ratios. Unbelievable!!! Ask us how it works.