97% LTV Options

Fannie Mae offers 97% LTV/CLTV/HCLTV financing options to help lenders serve qualified home buyers and to support refinance of Fannie Mae loans. This is part of our ongoing efforts to expand access to credit for creditworthy borrowers and to support sustainable homeownership.

Are You a Homebuyer?

Contact your lender for more information, or go to KnowYourOptions.com.

Related Links

97% LTV Options

Customizable Materials

  • Marketing Center

    Find easy-to-customize materials on the Fannie Mae Marketing Center to inform potential home buyers and housing partners.

DU Underwriting Requirement

Access to Credit Commitment

What's New

  • Selling Guide Updates

    The following updates were made in December: expanded the DU validation service to include assets and employment; introduced relief from reps and warrants on property value for loans with Collateral Underwriter risk score of 2.5 or lower; discontinue the Property Inspection Waiver fee for loans delivered to Fannie Mae on or after Jan. 1, 2017; clarified when lenders must update appraisers of changes to a sales contract; and other miscellaneous updates.

Down Payment Assistance

  • Down Payment Resource

    This free online tool may help identify sources of down payment assistance for your borrowers. This is a third-party website that is not managed or backed by Fannie Mae. This hyperlink is provided for lender information and convenience only, and the tool is not endorsed by Fannie Mae.

More Resources for Lenders: Homeownership Education and Housing Counseling

To meet the homeownership education requirement for a HomeReady mortgage, borrowers must complete the online Framework education program. Borrowers seeking additional assistance also can be referred to a HUD-approved counseling agency.