HomeReady® Mortgage
Don’t let lower income or limited funds for a down payment stop you from purchasing your dream home. If you’re ready to buy or refinance, we’re here to help. We’re proud to offer HomeReady® Mortgages, featuring low rates and reduced down payments.
Why choose HomeReady® Mortgage?
- Lower down payment options, as low as 3% of the purchase price. (Most other mortgage options have a down payment requirement of up to 5% of the purchase price).
- It’s not just for first-time homebuyers. Repeat homebuyers and/or borrowers who’d like to refinance are also eligible.
- Reduced interest rates.
- Cancellable mortgage insurance*. Click here to learn more about private mortgage insurance.
- Flexible Down Payment Funding. Gifts, grants, Community Seconds® and cash-on-hand can be used for down payments and closing costs. (Most other mortgage options restrict these down payment funding options).
Have questions or ready to get started with a HomeReady® Mortgage? Our team is here to help! Give us a call at 417.887.1983 x486, email us at mortgages@blucurrent.org, or click here to start the application process.
Ready to know more about our experienced Home Loan Team? Click here to meet them.
BluCurrent Credit Union – Equal Housing Lender. Subject to approval. Income limits may apply. A HomeReady® Mortgage is available when purchasing any single family property, as long as the borrower meets the income limits of the home's location. HomeReady® is a product of Fannie Mae. *Restrictions apply.