Home Ready

Home Ready MortgagesAt Premier Funding Network, our toolbox is bursting with finance options. We can help potential buyers who may not be as financially strong as they’d like to be. In some situations, a Home Ready by Fannie Mae and Home Possible by Freddie Mac can be one of the best and safest ways to boost your home-buying power.

A Home Ready or Home Possible loan is not just for first time home buyers.

Home Ready and Home Possible can assist all creditworthy, low and moderate-income borrowers with expanded eligibility for home financing in designated low-income, minority and disaster- impacted communities.


Here are some unique features of a Home Ready and Home Possible Loan:

  • Flexible underwriting on income and assets
  • Allows for non-occupant co-borrower income
  • Boarder and Accessory Unit income is allowed
  • Reduced monthly MI payments
  • Ratios per DU or LP
  • LTV’s up to 97%- Cash on hand OK
  • LTV’s up to 95% for 2-4 Units and rates/terms refinances

Borrowers must have a 620 minimum Fico score and the loan is subject to income restrictions and easy on-line borrower counseling.

Call Premier Funding Network at 714-283-9900 and let‘s talk about how you can qualify for a sustainable and competitive monthly payment with a Home Ready loan.

We will explain all the details and if it’s right for you, we will help with you through the paperwork and get you into your home as smoothly as possible.

Premier Funding Network- we want to be your lender for life.