icon Affordable Housing

For Most Members, United Guaranty Can Mean
Lower Cost and More Buying Power

Fannie Mae's HomeReady program can help you serve low- to moderate-income members with expanded eligibility for financing.

HomeReady allows creditworthy homebuyers to take advantage of low down payments, lower MI premiums, and expanded eligibility requirements in designated low-income, minority, and disaster-impacted communities.

United Guaranty Performance Premium® FHA
Member-Paid Monthly Lender-Paid Single FHA Financed

Monthly Payment

Up-front Paid by Lender

Monthly Payment

58 bps

202 bps

175 bps (upfront)
85 bps (annually)

Total Monthly Payment

Total Monthly Payment

Total Monthly Payment

Interest Rate
Interest Rate
Interest Rate

Five Year MI Savings
Compared to FHA

Five Year MI Savings
Compared to FHA

Total MI Cost for the Life of the Loan




Assumptions: Base loan amount $200,000, two borrowers, 760 credit score, 41% DTI, 25% standard coverage, 30-year fixed-rate purchase loan, single-family house, stable market, 97% LTV United Guaranty, and 96.5% LTV FHA with upfront MI financed. Total monthly payment includes PI + MI. Performance Premium pricing as of April 18, 2016. FHA rate source: FHA Mortgagee Letter 2015-1.

HomeReady is a trademark of Fannie Mae.