See who qualifies for HomeReady® HomeStyle® — ~80% AMI limits, DU Approve/Eligible, primary occupancy, credit, and renovation feasibility.
Who Qualifies for HomeReady® HomeStyle®? | The 2 Mortgage Guys
See who qualifies for HomeReady® HomeStyle® — ~80% AMI limits, DU Approve/Eligible, primary occupancy, credit, and renovation feasibility.
Who Qualifies for a HomeReady® HomeStyle® Renovation Loan?
The Five Qualification Pillars
Typical Guidelines
What Can Disqualify You
Keep Exploring
Frequently Asked Questions
See If You Qualify for HomeReady HomeStyle
Qualification layers HomeReady affordable-housing rules on top of HomeStyle renovation underwriting — primary-residence only, DU Approve/Eligible required, income generally at or below ~80% AMI, plus conventional credit, assets, and a feasible renovation plan sized on after-improved value.
Underwriters evaluate the borrower, HomeReady AMI eligibility, and the renovation plan together.
Educational snapshots — Luminate Bank overlays and current Fannie Mae selling guides control your actual approval.
Related HomeReady HomeStyle guides and sister programs.
Ryan & Steve will screen your AMI, pull DU, and review contractor scope before you write a rehab-heavy offer.
HomeReady and HomeStyle are registered trademarks of Fannie Mae. All loans are subject to credit and property approval. Program guidelines, income limits, LTV 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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