HomeReady® First

Homeownership is that feeling of knowing you’re finally home

Every year, over one million people become homeowners for the first time, including many who never thought they’d own a home. Take the first step to homeownership and build a legacy that can last for generations.

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HomeReady First is built for first-time buyers

Homeownership is more affordable with these features:

At least $5,000 in down payment or closing cost assistance
$1,000 title insurance credit for Fannie Mae real estate owned (REO) properties
$500 appraisal reimbursement
One-year home warranty credit
Flexible income limits
No location restrictions on where you purchase your first home
Non-traditional credit history accepted
Access to HomeView™, a free homebuyer education course

Talk to your lender about features and eligibility.

Ready For Your First Home?

Find lenders in your area who offer HomeReady First.

Disclaimer
All eligibility criteria and requirements are subject to the formal terms and conditions of the Fannie Mae Selling Guide. Speak to your lender about eligibility and location requirements.