HomeReady® finances 1–4 unit primary residences — single-family, approved condos, PUDs, and qualifying manufactured homes. Not for second homes or investments.
HomeReady® Eligible Property Types | The 2 Mortgage Guys
HomeReady® finances 1–4 unit primary residences — single-family, approved condos, PUDs, and qualifying manufactured homes. Not for second homes or investments.
What Property Types Are Eligible for HomeReady® Financing?
Eligible Homes for HomeReady
Property Snapshot
Property Types That Usually Work
What Is Not HomeReady
Keep Exploring
Frequently Asked Questions
Found a Home and Need Property Eligibility Cleared?
HomeReady® finances 1–4 unit primary residences — including single-family homes, approved condos, PUDs, and qualifying manufactured homes. Second homes and pure investment properties are not eligible.
HomeReady is a primary-residence program. The property must be where you will live, and it must fit Fannie Mae’s eligible property categories for conventional financing.
Most Indiana buyers use HomeReady on single-family homes. Condos, townhomes in PUDs, multi-unit properties you will occupy, and certain manufactured homes can also work when project and property standards are met.
Ryan and Steve screen property eligibility before you write an offer — especially on condos and manufactured homes where late surprises kill timelines.
Confirm project and property standards early — especially outside single-family.
Wrong occupancy or property type means a different program — not a workaround.
Related guides on HomeReady eligibility and property-specific financing.
Ryan & Steve will confirm whether your target property fits HomeReady® before you go under contract.
HomeReady is a registered trademark of Fannie Mae. All loans are subject to credit and property approval. Program guidelines, income limits, and pricing are subject to change without notice and may not be available in all areas. This website is not affiliated with or endorsed by Fannie Mae, HUD, or any government agency. Information is for educational purposes only and is not a commitment to lend.
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