icon Affordable Housing

For Most Borrowers, 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
Borrower-Paid Monthly FHA Financed

Monthly MI Premium



62 bps 175 bps (up front)
85 bps (annually)
Interest Rate
Interest Rate

Total Monthly Payment

Total Monthly Payment

Five Year MI Savings
Compared to FHA

Total MI Cost for the Life of the Loan



Assumptions: Base loan amount $200,000, two borrowers, 740 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 November 28, 2016. FHA rate source: FHA Mortgagee Letter 2015-1.

HomeReady is a trademark of Fannie Mae.