Products

Competitive Products for Today’s Consumer

ResMac is a Direct Fannie Mae and Freddie Mac Seller/Servicer and a Ginnie Mae Issuer. As a strong conventional lender, we have minimal overlays and exceptional underwriting turn times. With such a wide variety of products, we have a loan to fit your needs.

 

HomeReady Mortgage

Fannie Mae’s HomeReady Mortgage is designed to meet the diverse needs of today’s buyers. It is ideal for creditworthy, low-to-moderate income borrowers, with expanded eligibility for financing homes in designated low-income, minority, and disaster-impacted communities.

HomeReady offers up to 97% financing with many borrower flexibilities:

  • Flexible sources of funds can be used for the down payment and closing costs with no minimum contribution required from the borrower’s own funds (1-unit properties).
  • Conventional home financing with cancellable monthly mortgage insurance (MI); reduced MI coverage requirement above 90% LTV supports competitive borrower payment.
  • Homeownership education helps buyers get ready to buy a home and be prepared for the responsibilities of homeownership. The required training is an easy-to-use, online course.

 

All Mortgage Products

  • Fannie Mae Standard Products
  • Fannie Mae High Balance Products

  • Fannie Mae Specialty
  • HomeReadyTM Mortgage
  • Fannie Mae DU Refi Plus (HARP)

  • Freddie Mac Super Conforming

  • Freddie Mac Open Access (HARP)

  • FHA Purchase, Simple Refinance, 
  • Cash-out, Streamline

  • FHA High Balance

  • FHA Specialty
  • FHA $100 Down Program
  • FHA 203(k) 

  • VA Purchase, Cash-out, IRRRL
  • VA High Balance

  • USDA Purchase, Streamline, & Pilot 

  • Jumbo Products
  • Fixed and Arm