The help you need, when you need it most.

The HOME Ready®FNMA Program can help get you in the door.

The HOME Ready®FNMA Program provides buyers with limited funds access to a low-down-payment mortgage. With no borrower funds required on single-unit residences, down payments as low as 3% on other residences, and the ability to use gift and alternative funds, the Santander HOME Ready®FNMA Program helps make the dream of home ownership available to more customers.

HOME Ready®FNMA Advantages

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Gift and alternative funding eligible

Gift and alternative funding eligible

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Low Down Payment

Low Down Payment

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Homebuyer Education

Homebuyer Education

The steps to home ownership aren’t so steep:

  • No borrower funds required on single-unit residences and down payments as low as 3% for two-to four-unit residences.
  • Remaining down payment may use gift funds from a relative, unsecured loans or grants from a governmental agency, or a secured loan that complies with Fannie Mae guidelines.
  • Income Requirements: 80% of area median income (AMI) based on the location of the subject property. Visit Fannie Mae to see borrower eligibility.
  • Homebuyer education is required on all loans.

Contact a Santander Mortgage specialist to explore this affordable, flexible, and exceptional program.

Ready to Take The Next Step

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All loans subject to approval

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