If you're looking to buy a home in the Tampa, St. Petersburg, Clearwater area, the HomeReady First program could be a game-changer. This program, combined with a $5,000 grant, is designed to make homeownership more accessible for eligible buyers.
What is the HomeReady First Program?
The HomeReady First program is a mortgage option backed by Fannie Mae that offers low down payment requirements, flexible credit guidelines, and reduced mortgage insurance costs for qualified borrowers.
Benefits of the HomeReady First Program
✔ Low Down Payment: As low as 3% down ✔ $5,000 Grant Available for select homebuyers ✔ Reduced Mortgage Insurance Costs ✔ Flexible Income Sources Allowed ✔ Competitive Interest Rates
Who Qualifies?
Borrowers must meet income limits based on the area’s median income.
The property must be in an eligible area (Check the map link below).
Buyers must complete a homeownership education course.
Is Your Home Eligible? (See Map Below)
Fannie Mae provides a tool to check if a specific property qualifies for the HomeReady First program: 🔗 Check HomeReady Eligibility
Additionally, you can look up area median income (AMI) limits here: 🔗 AMI Lookup Tool
Watch the Full Breakdown
For a detailed explanation, check out my latest YouTube video on how this program applies specifically to Tampa, St. Petersburg, Clearwater, FL: 🎥 Watch the Video
Next Steps
If you're considering buying a home in this area and want to see if you qualify for HomeReady First and the $5,000 grant, reach out today! I’d love to help you navigate the process and secure the best financing option available.
📩 Contact me today to get started!


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