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Available to borrowers at or below 100% of the area median income with debt-to-income (DTI) ratios up to 65%, RefiNow offers features that help to address some of the barriers to refinance and is a great option for creditworthy borrowers who may not have previously qualified.
- RefiNow
RefiNowTM is an afordable refinancing option for qualifying...
- Fannie Mae
Fannie Mae today issued additional details about its new...
- RefiNow
RefiNowTM is an afordable refinancing option for qualifying homeowners aimed at making it easier and less expensive to reduce monthly housing costs. The matrix below summarizes our eligibility guidelines for RefiNow. Please refer to Lender Letter LL-2021-10 for additional information.
5 maj 2021 · RefiNow is a new option for eligible homeowners with a Fannie Mae-owned mortgage to refinance at a lower interest rate and reduce their monthly payment. It requires a minimum of 50 basis points interest rate reduction, a $500 credit to the lender, and waives the up-front fee on balances up to $300,000.
6 kwi 2022 · “Freddie Mac and Fannie Mae have adopted a new refinance option for loans to borrowers with incomes at or below 100% of area median income and you may be eligible to take advantage of this program.
27 maj 2021 · Fannie Mae’s “RefiNow” program opens June 5, and Freddie Mac is expected to launch its own initiative later this summer. Borrowers will need to meet eligibility requirements, which includes...
Fannie Mae’s Refi Plus initiative offers refinancing flexibility to eligible borrowers who are current on their loans and whose loans are owned or guaranteed by the company and meet certain additional criteria.
When you use a HomeStyle Energy limited cash-out refinance, you can finance improvements for up to 15% of your home’s as-completed value. This means refinancing your current home loan into a new mortgage to access the equity in your home and using it to pay for new energy improvements.
