Looking for a bit of advice on the Fannie Mae HomeReady loan from those who have used it or work with it. I had read up on this loan, FHA loan, USDA loan, took my county’s home buying course and thought I was understanding everything. Had planned on starting to shop lenders this weekend. Earlier today I spoke over the phone with a credit union that had HomeReady listed as an option and the loan officer had no idea what it was, kept saying it was a version of a USDA loan. Pretty much a very confused and overwhelmed first time buyer right now.