Single-page PrimeLending flyer describing the HomeReady First program (Fannie Mae-backed) offering up to $7,000 in down payment and/or closing cost assistance to eligible first-time homebuyers. Key listed benefits: $7,000 assistance ($5,000 from Fannie Mae + $2,000 from PrimeLending), low down payment, acceptance of non-traditional credit, no income limits, $500 appraisal reimbursement, 1-year home-warranty reimbursement, and a $1,000 title insurance credit when buying a Fannie Mae REO. Includes contact details for Loan Originator Edmund Mawhinney (NMLS 241133) and legal/disclosure text dated 3/27/2024.
Questions this document answers
$7,000 in down payment and/or closing cost assistance.
$5,000 provided by Fannie Mae and $2,000 provided by PrimeLending.
$500 appraisal reimbursement; 1-year home warranty reimbursement; $1,000 title insurance credit when purchasing a Fannie Mae REO property.
Product info as of 3/27/2024.
Edmund Mawhinney, NMLS 241133.