Business Assets

BUSINESS ASSET DOCUMENTATION REQUIREMENTS Asset StatementsFannie Mae: Two months of business asset statementsFreddie Mac: Three months of business asset statements when using business assets to analyze the health of the business. Otherwise, one month business asset...

Business Tax Returns

Business returns are always required for self-employed borrowers for businesses from which income is being used to qualify. If 1040s show a business loss, the underwriter will include the loss but does not need to condition for business returns.Business tax returns...

Alimony – Child Support – Separate Maintenance Payments History

No less than 6 months of the borrower’s most recent regular receipt of payment is required to document alimony/child support/separate maintenance as income.No less than 6 months of the borrower’s most recent regular receipt of full payment is required to document...

You’re home

Purchasing a home doesn’t have to be complicated. I can help turn your dreams of a new home into a reality. Contact me today to learn about my fast and easy process.

Not Your Mama’s Mortgage!

This isn't your mama's mortgage! Your path to homeownership doesn't come with mountains of paperwork. Experience our digital application process for yourself by getting started today!

News To Make You Smile

Getting the money for a down payment doesn’t have to be like pulling teeth. You could be moving into your dream home with as little as 3% down. Call today to learn more.


Need more closet space for your constantly growing shoe collection? We can help get you out of your tiny rental and into a spacious new home!


Turn your tax refund into your own 3-bedroom, 2-bath piece of heaven this spring! It's a perfect way to transform your windfall into a long-term investment on your future. Let's get started.

Fannie Mae’s HomeReady Mortgage

Built with today’s homebuyers in mind

Homeownership Education by Framework

The course breaks homebuying down into easy-to-grasp lessons that take about 4 to 6 hours to finish.

You’ll complete the lessons online (from your computer, tablet or smart phone), at your convenience.

Once you’re done, download and save your Certificate of Completion (you may need to provide it to your loan officer).

How much home you can afford

How to fix or improve your credit

How to shop for the best mortgage loan

The steps of the mortgage process

The 10 professionals involved in most home purchases

What to include in your offer

Home inspection basics

The steps of the closing process

And more


Ideal HomeReady Borrowers

If you are a first-time homebuyer, the Fannie Mae’s HomeReady Mortgage Program is for you. Fannie Mae’s HomeReady Mortgage offers you the comfort of knowing your mortgage is financially sustainable. Here are the reasons why you should choose Fannie Mae’s HomeReady Mortgage:

* A 3% down payment option. First-time and repeat homebuyers can purchase a home with a down payment as low as 3% of the purchase price.

* Co-borrower flexibility. All borrowers do not have to reside in the property. For example, parents, who won’t be living in the home, can be co-borrowers on the loan to help their children qualify for a mortgage and purchase a home. Income limits may apply.

* Low income

* First-time or repeat homebuyers

* Limited cash for down payment

* Credit score ≥ 620; borrowers with credit scores ≥ 680 may get even better pricing

* Supplemental boarder or rental income

* Looking to purchase or refinance

Flexible Funding

Cash for down payment or closing costs can come from multiple sources, including gifts, grants, and Community Seconds, with no minimum personal funds required.

How It Works

Homeownership Education

Take a homebuyer education class online. Once you’re done, download and save your Certificate of Completion (you may need to provide it to one of Northeastern Realty’s mortgage loan officer).

Pre-approval Letter

Get pre-qualified for the Fannie Mae’s HomeReady Mortgage Program. A pre-approval statement from a lender means the broker has investigated your assets, debt, and credit history to determine whether you can qualify for the Fannie Mae’s HomeReady Mortgage Program. Get prequalified online in minutes.

Begin House Hunting

Your real estate agent will help you hunt for houses within your budget. It’s a good idea to make a list of your top priorities, some of which might depend on whether you’re looking for a starter home (one you’ll be in for a couple years or so) or forever home (one you can picture yourself in for a long time).

Share This
Skip to toolbar