The Fannie Mae HomeReady® loan from Paradise Mortgage, LLC is an affordable and flexible mortgage option designed to help more people achieve homeownership. With down payments as low as 3%, this program is available for both home purchases and refinances, and does not require buyers to be first-time homeowners. It supports a variety of primary residence property types, including single-family homes, condos, co-ops, manufactured homes, and PUDs. HomeReady can also be combined with the Fannie Mae HomeStyle® renovation loan for added versatility.
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