Home Preferred

Home Preferred and Home Preferred Plus beat HomeReady® by offering great features only available to lower income borrowers:

  • Minimum MI coverage (18%), lower than HomeReady!
  • No loan level price adjustments
  • Up to 3% downpayment assistnace
  • Lowest possible rate for borroers at or below 80% AMI
  • Minimum 620 credit score

If you have questions, please e-mail underwriters@nhhfa.org.

Fact sheets are for reference only.  Please be sure to refer to applicable Agency guidelines for requirements (Fannie Mae, FHA, RD, VA).

Information - for reservations on or after 5/28/19

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