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Frequently Asked Questions About the HomeReady Program

Homeownership can be difficult. Simply obtaining a mortgage, which requires a strong income, sizable downpayment, and decent credit score, can be challenging. Realizing that many low-income people struggle to reach mortgage approval, Fannie Mae, a

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Understanding Conventional 97 Loans

To qualify for a loan, you usually need to have some money as a down payment. However, saving for this down payment, which usually represents tens of thousands of dollars, can be difficult. Unfortunately, it

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