More options means more access
Fannie Mae offers an innovative range of affordable mortgage products designed to meet the needs of lenders and borrowers alike with options built to help expand access to homeownership.
Fannie Mae is extending the HomeReady $2,500 credit to be used towards down payment or closing cost assistance for very low-income purchase (VLIP) first-time homebuyers. For deliveries beginning March 1, 2025, at least one borrower on the loan must be a first-time homebuyer to be eligible for the VLIP LLPA Credit. Click here to learn more.
Giving today’s borrowers a way to home
We’re committed to providing lenders a diverse set of affordable mortgage options and financial products made to help expand access to financing for today’s homebuyers and homeowners. Designed to fit the unique needs of borrowers, each product in our portfolio serves as a tool that lenders can use to address obstacles to homeownership, lend responsibly, and promote a healthy and robust housing market.
Explore affordable homebuying options
HomeReady®
Low Down Payment Mortgage
Serve today’s creditworthy low-income borrowers with down payments as low as 3%, flexible funding options, and more—including $2,500 in down payment or closing cost assistance.
HomeStyle® Mortgages
Providing conventional financing options for home and energy improvements.
HomeStyle Renovation
Borrowers can make vital repairs, restore a home to its former glory, or add small additions that make a big difference as part of a purchase or refinance mortgage.
HomeStyle Energy
Loans designed to support homeowners to increase energy and water efficiency, reduce utility costs, and create a more healthy and sustainable home.
Browse the full range of Fannie Mae's affordable mortgage solutions
Low Down Payment
Home Renovation, Construction, and Energy Improvements
Specialized Communities, Housing, and Assistance Programs
Affordable Refinance
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