Buy With Less Down

Fannie Mae HomeReady^® is a Conventional product that offers underwriting flexibilities to qualified borrowers who meet specific income criteria or properties that meet geographic criteria. The program is a great alternative for those borrowers who may not have a substantial down payment but may better fit the box of Conventional financing as opposed to FHA financing.

Program highlights

• 30-year fixed rate
• Primary residence only
• Purchase and rate and term refinance
• Attached and detached one-unit single-family / planned unit development (PUD) / condos eligible
• Maximum 97/105% loan-to-value / combined loan-to-value (LTV/CLTV)
• 620 minimum credit score
• Maximum 50% debt-to-income (DTI) ratio

Freddie Home Possible^® offers a fixed-rate loan program and provides a responsible, low down-payment mortgage option for first-time homebuyers and low-to-moderate income borrowers.

Program highlights

• FHLMC Home Possible – max LTV 95%
• FHLMC Home Possible Advantage – max LTV 97%
• 15 & 30 year terms available
• Lender paid mortgage insurance available
• Owner-occupied primary residence only
• 1–4 unit SFRs, PUDs and condos
• Max 55% debt-to-income
• Full gift eligible
• Lower MI rates
• 620 minimum FICO

Your dream home could be yours for no money down

Through our Supreme Dream Down Payment Assistance (DPA) program, the first mortgage would be a 30-year fixed FHA loan, followed by a second fully forgivable loan to be used toward the down payment, closing costs, and prepaids.

Program highlights

• 3.5% down payment assistance (no monthly payment and forgivable after 5 years)
• Minimum credit score of 620
• Temporary buydowns available
• Debt-to-income (DTI) up to 55%
• 30 year fixed rate FHA loan
• 6% seller contributions allowed

Unlock down payment assistance with Chenoa

Supreme Lending offers down payment assistance for FHA loans with the Chenoa Fund DPA program. You may qualify to receive 3.5% in down payment assistance provided by CBC Mortgage Agency.

Program highlights

• No first-time homebuyer requirement
• Minimum credit score of 600
• No income limits

Down payment assistance options

• 30-year termForgivableThe forgivable loan is a 30-year term with an interest rate of 0% (0% APR). There is no monthly payment required and fully forgiven after 36 consecutive on-time payments.
• 10-year termRepayableThe repayable loan is a 10-year term with an interest rate equal to the first mortgage interest rate. This loan does require a monthly payment on the second mortgage.

Have you dreamed of owning your own home?

The Georgia Dream Homeownership Program makes it possible with affordable mortgage financing for eligible homebuyers.

Down payment loan options

• Standard$10,000All eligible homebuyers qualify for $10,000.
• PEN$12,500Eligible homebuyers who are employed in qualified public protection, military, health care or education qualify for $12,500.
• Choice$12,500Eligible homebuyers whose household includes an individual living with a disability qualify for $12,500.

Available to the following

• First time homebuyers
• Those who have not owned a home in the past three years
• This program is available state-wide
• Have household incomes below the maximum
• Have liquid assets no more than $20,000 or 20% of the sales price
• If they meet mortgage loan credit requirements

Starting July 13th, 2026, the Florida Housing Finance Corporation is set to relaunch its Hometown Heroes program with an additional $50 million in funds.

The program will offer up to $35,000 in down payment and closing cost assistance for eligible full-time workers across the state. Funds are limited and will go fast once released.

Who may qualify

• Law enforcement
• Firefighters
• Healthcare professionals
• Teachers & educators
• Veterans & active military
• Government & public service
• And much more