Bienvenido a casa
We’re working to find ways to overcome barriers that Latinos face in their housing journey
Creating more paths home
Having a place to call your own provides a sense of stability, security, and a wonderful feeling of belonging. That's when a “casa” turns into a “hogar.” Yet 71% of Hispanic renters say they would have difficulty getting a mortgage.* Learn how we’re expanding access to a quality, affordable place to call home.
*Fannie Mae National Housing Survey, Q4 2021
Free educational resources
Our free educational resources in English and Spanish can help your clients along their homebuying journey.
This comprehensive first-time homebuyer course provides key information needed to take the right steps towards homeownership.
- Addresses common homebuying myths while navigating the complex mortgage process, financing eligibility requirements and up-front housing costs.
- This course can be used to meet the homeownership education requirement needed for certain mortgage applications.
Our new “Strategies for Healthy Credit” course is designed to explain the basics of credit, the steps to establishing it, and how to keep it healthy to help Latinos on their way to homeownership.
- Leverages interactive components throughout to help explain complex credit concepts in a way that is easy to understand
- Features case studies customized with Latinos in mind
Products and solutions
We’ve introduced innovative programs to help your clients with insufficient down payment or who don’t have an established credit history.
Addressing limited down payment
The HomeReady® mortgage is designed to meet the needs of today’s credit-worthy, low-income homebuyers with limited cash for down payment or receive supplemental boarder or rental income. It offers innovative income flexibilities that can help your customers qualify for an affordable mortgage with a down payment as low as 3%.
Making rent count towards homeownership
If your client has a limited credit history, but consistently pays their rent each month, they’re likely to keep up with mortgage payments too. A solid record of rent payments can now help borrowers qualify for a mortgage, even if they have a limited credit history.
Thinking beyond the credit score
With new enhancements in Desktop Underwriter® (DU®), consumers who apply for home loans where no borrower has a credit score will be better positioned to access credit, and your lender partners will benefit from a simplified underwriting process too.
Reducing Upfront Costs
The Fannie Mae Special Purpose Credit Program supports the expansion of homeownership for eligible first-time homebuyers through down payment or closing cost assistance. The pilot tests whether reduced upfront costs, free homebuyer education, and various credits and waivers can improve the homeownership rate among borrowers in select markets.
Find out more about all our affordable loan products
Business Partners
Homebuyers, Owners, & Renters
- Educational Resources
- Credit Basics
- HomeView Homeownership Education Course
- HomePath - Search for Homes
- Make Your Rent Count