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17 paź 2024 · The Refinance Test evaluates a borrower’s ability to successfully refinance a balloon balance at maturity. We're providing you with this tool to: Make the test results transparent to you early in the underwriting process. Encourage discussion between you and our underwriting staff to assess your deal in relation to the test results.
25 kwi 2022 · We review trends in mortgage refinancing activity, including a detailed look at payment savings and equity extraction through cash-out refinances. We also examine recent trends in mortgage origination discount points and fees and close with a discussion of heterogeneity in the mortgage market.
With the new Freddie Mac Refi PossibleSM Mortgage offering, homeowners can benefit from refinancing to reduce their monthly mortgage payment and build long-term wealth. This offering creates more equitable opportunities by making it easier for homeowners in low-income brackets to refinance their Mortgages.
30 sie 2021 · Refi Possible SM Income and Property Eligibility Tool. Refi Possible, our refinance solution, makes it easier for you to assist lower-income clients with a Freddie-Mac owned mortgage, to benefit from refinancing opportunities and expanded flexibilities.
2 dni temu · See the mortgage rate a typical consumer might see in the most recent Primary Mortgage Market Survey, updated weekly. The PMMS is focused on conventional, conforming fully-amortizing home purchase loans for borrowers who put 20% down and have excellent credit.
The Refi PlusTM/Home Affordable Refinance Program (HARP) helps borrowers with little or no equity in their homes refinance into more affordable mortgages. HARP targets borrowers with high loan-to-value (LTV) ratios and who have limited delinquencies over the 12 months before refinancing.
Learn about the Freddie Mac Refi Possible℠ Mortgage tool that offers refinancing options for borrowers with incomes at or below the area median.