Fannie Mae and Freddie Mac

My Mortgage, Inc. offers national conforming & high balance mortgage loans up to the subject property county limits for Fannie Mae and Freddie Mac.  

What’s more, My Mortgage, Inc. offers a portfolio of products including:

  • interest rate reduction refinance 
  • cash-out, 
  • renovation & complete rehabilitation for purchase or refinance, 
  • Refinow (for low to moderate income borrowers), 
  • HomeReady/HomePossible for low to moderate income borrowers with as little as 3% down payment. Further FNMA/Freddie offer financing for 1-4 unit residential properties, Warrantable Condominiums, Manufactured Housing & Marketable Unique Properties.  

FNMA HomeReady / Freddie Mac HomePossible

  • Purchase or Refinance
  • 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

FNMA HomeStyle/ Freddie Mac Choice Renovation

  • Purchase or Refinance
  • Renovation Mortgage
  • Repairs & Energy Updates
  • Landscaping
  • Luxury Upgrades
    • Restore your home to like new conditions or turn the home you’re purchasing into your dream house. 

FNMA RefiNow/  Freddie Mac HomeOne

  • Easier and less expensive way to qualify for a lower mortgage payment
  • DTI up to 65%
  • Designed for borrowers at or below 80% of the area median income

FNMA Construction to Perm One Time Close

  • Own a lot or purchase a lot
  • Construction Financing
  • Permanent Mortgage
    • Combine all three bullet points above into one settlement with FNMA construction to permanent home loan & build the home of your dreams. 

Ineligible Property Types:

  • Vacant land or land development properties;
  • Properties that are not readily accessible by roads that meet local standards;
  • Agricultural properties, such as farms or ranches;
  • Units in condo or co-op hotels  (Warrantable Projects – call for details)
  • Properties that are not secured by real estate such as, houseboats, boat slips, timeshares, and Other forms of property that are not real estate 
  • Boarding houses;
  • Bed and breakfast properties; or
  • Properties that are not suitable for year-round occupancy regardless of location.

Eligible Properties

1-4 unit Primary, Second Home & Investment Properties that are Detached, Semi-Detached & Attached 

  • on an individual lot,
  • in a condo project,
  • in a co-op project, or
  • in a planned unit development (PUD) or subdivision project.

Call today! 1-833-iLuvMMi (458-8664)

Every great journey starts with a small step. Ready to get one step closer to your dream home? Help us get to know you better by filling out the questions below.
You’re almost done! Just fill out the form below and we’ll reach out to you soon.

Call today! 1-833-iLuvMMi (458-8664)

At My Mortgage, Inc., we take pride in helping you find your dream home. Let us know how we can help you with your home buying journey by filling out this form, and a member of our team will get back to you within 2-3 business days.
You’re almost done! Just fill out the form below and we’ll reach out to you soon.

Still Need Help?

Buying a house can seem complicated. If you have any questions or concerns about your home buying journey, feel free to let us know in the box below and we’ll get back to you as soon as possible.