Enhanced Purchase Power with HomeReady & Home Possible
In this session we review the basics of Fannie Mae’s HomeReady and Freddie Mac’s Home Possible. Each product has created a more diverse market that enables more borrower's to qualify for loan.
In this session we will discuss:
- New AMI updates that will provide more options for your borrowers
- Key features of each product
- How income eligibility works
- Where reduced MI coverage can benefit your borrower
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