Search results
5 maj 2021 · WASHINGTON, DC – Fannie Mae (FNMA/OTCQB) today issued additional details about its new RefiNow™ option, which is available for qualifying homeowners with a Fannie Mae-owned mortgage beginning June 5, 2021.
If you already have a Fannie Mae-owned loan, you can refinance with as little as 3% equity. If your mortgage isn’t owned by Fannie Mae, you can refinance with as little as 5% equity. Co-borrower flexibility. Not all borrowers have to reside at the property.
“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.
16 lis 2021 · Fannie Mae's RefiNow program can help lower-income homeowners refinance into a lower rate and monthly payment. Learn how it works and who qualifies.
11 paź 2024 · Fannie Mae’s RefiNow™ and Freddie Mac’s Refi Possible ® allow low- to middle-income borrowers to refinance their homes even with relatively high debt. This makes these two programs an incredible asset for homeowners looking to improve their financial situation by reducing mortgage payments.
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 borrowers take advantage of the current lower interest rate environment. RefiNow requirements
31 sie 2011 · Since April 2009 when HARP began, Fannie Mae and Freddie Mac have helped approximately nine million families refinance into a lower cost or more sustainable mortgage product. HARP is unique in that it is the only refinance program that enables borrowers who owe more than their home is worth to take advantage of low interest rates and other ...
