Search results
Based on Seller feedback, we have updated our requirements for cash-out refinance Mortgages when the property title has been held by a limited liability company (LLC) or limited partnership (LP).
We’ve been listening to your feedback and are excited to share the newest version of the Single-Family Seller/Servicer Guide. Please take a few minutes to watch a short training video.
6 kwi 2022 · In coordination with Freddie Mac and under the guidance of FHFA, Fannie Mae introduced the RefiNow refinance option that provides expanded eligibility to benefit borrowers at or below 100% of the area median income (AMI) limit and helps more
16 cze 2021 · Refi Possible will make it easier for your eligible lower-income borrowers with Freddie Mac-owned mortgages who may think they have missed the opportunity to refinance and take advantage of lower interest rates.
Eligibility/ Seasoning • Freddie Mac-Owned Mortgage. • Minimum 12-month seasoning requirement. • Minimum 30-day seasoning requirement.
FREDDIE MAC REFI POSSIBLESM READINESS ROADMAP. Freddie Mac Refi PossibleSM is a refinance ofering to assist low- and moderate-income homeowners reduce their monthly mortgage expenses enhance their capability to save more and build housing stability and generational wealth.
Requirements for the existing loan being refinanced. Existing loan eligibility. The existing loan must: Be a conventional mortgage loan owned or securitized by Fannie Mae. Be seasoned at least 12 months (from the original note date to new loan note date).
