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Finding an affordable mortgage that works within your budget might not be as hard as you think. Today's homebuyers and refinancers have many options to help them buy as well as maintain a home. Some of these options address needs like:

• Low down payments starting at 3%
• Renovations to give a home your personal touch; and
• Energy-efficient upgrades to help keep more money in your pocket.

The key is to do some research and then find a mortgage professional who can help you decide on the best loan for your financial situation. Get started by considering these affordable mortgage options.

HomeReady Mortgage

Many homebuyers face financial challenges with saving for a large down payment, paying student loans or relying on income from non-traditional sources (e.g., parents or other family members). HomeReady® was created to meet these and other diverse needs of responsible, creditworthy buyers. More »

3% Down Payment Mortgage for First-time Homebuyers

Saving for a home is often one of the biggest hurdles to actually buying a home for many first-time homebuyers. If you're good at managing your credit and meet certain requirements, this 3% down payment mortgage could be for you. More »

HFA Preferred

Homebuyers with low to moderate incomes have affordable mortgage options, whether you're a first-timer or repeat homebuyer. Some mortgages can also be combined with down payment assistance programs to help get you into a home. The HFA Preferred™ mortgage is one of those options. More »

HomeStyle Energy

As utility costs rise, more homebuyers and owners are looking for affordable ways to make energy-saving home improvements. HomeStyle® Energy makes it convenient to finance these types of updates by combining the costs with your mortgage. More »

HomeStyle Renovation

You may see the potential of a major fixer-upper on the market or your current home needs updates. But you're not sure you can afford to have the work done. HomeStyle Renovation mortgage lets you finance home renovations with one loan that covers both the mortgage and improvements. More »

MH Advantage for Manufactured Homes

Limited supply of affordable housing is a challenge in many markets. With MH Advantage™, you can purchase an affordable new manufactured home with down payments as low as 3%, lower interest rates than most traditional manufactured home loans, and cancellable mortgage insurance. More »

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