Exciting news. The new enhanced HomeReady program is increasing access to homeownership!

HomeReady® offers an ideal mortgage solution for both first-time and repeat buyers with a low-down payment and flexible financing. To assist very low-income purchase borrowers, Greenway Mortgage now offers a $2,500 credit applicable to down payment and/or closing costs.

The New HomeReady® Program Highlights

• Borrowers must have a qualifying income of less than or equal to 50% of the applicable area median income of the property’s location.

• The $2,500 credit must be provided upfront to the borrower and can be applied towards down payment and/or closing costs, including mortgage insurance premiums.

Ideal For:

• Very low-income individuals

• First-time or repeat homebuyers

• Those with limited cash for down payment

• Supplemental boarder or rental income

What You Need to Know

While HomeReady® offers incredible benefits, it's essential to understand the details:

• Homeownership Education: If all occupying borrowers are first-time homebuyers, then at least one borrower is required to take homeownership education, regardless of LTV.  It’s a small investment in knowledge that can yield significant rewards in your homeownership journey.

• Act Now: The $2,500 credit is only available until February 15, 2025. Don't miss out on this limited-time opportunity to take advantage of the HomeReady® program.

Eligibility requirements, exclusions and other terms and conditions apply.

Embrace the Journey with HomeReady®

Are you ready to take the next step towards homeownership? Reach out today to see if you qualify or to get pre-approved. The Greenway Mortgage Team is here to guide you every step of the way on your journey to owning your dream home.

Helpful Resources

• Roadmap to Mortgage Pre-Approval
• Homebuyer Guide
• Get pre-approved
• Apply Now – Full Mortgage Application