🏠 HomeReady® Mortgage Program for Florida Buyers (2025)
Buying your first home just got more accessible thanks to the HomeReady® mortgage program from Fannie Mae. With down payments as low as 3%, reduced mortgage insurance, and flexible income sources allowed—this is a win for buyers in 2026.
🔍 What Is the HomeReady Program?
It’s a government-backed mortgage designed to help buyers who have limited cash or income, but strong credit and financial responsibility. You don’t have to be a first-time buyer—but if you are, this program makes it easier to get approved.
📋 Key Benefits:
- Only 3% down payment required
- Reduced PMI (private mortgage insurance)
- Allows boarder income or non-borrower household income
- Can be used with gift funds and down payment assistance
- No minimum personal funds required for 1-unit properties
👨👩👧👦 Who It’s For:
Perfect for first-time buyers in Fort Lauderdale, multi-generational families, and anyone whose income might come from multiple household members.
Bonus: You don’t need 20% down to get competitive rates anymore.
💡 How to Start
Not sure if you qualify? Let's run your numbers. Schedule a free consultation or grab a CMA here to learn what you can afford with today’s rates.
Also, check out all of our downloads and buyer tools to stay informed as you plan your next move.
📞 Questions? Call 954-342-6180 or email scott@reallistingagent.com.
