Search results
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.
- Selling Guide Announcement SEL-2019-07
August 7, 2019. The Selling Guide has been updated to...
- Selling Guide Announcement SEL-2012-09
To help lenders more efficiently reach an even broader base...
- Selling Guide Announcement SEL-2019-07
5 maj 2021 · Lender Letter 2021-10 announced a new refinance option for Fannie Mae borrowers who are making their mortgage payments on time, and whose income is at or below 80% of the applicable area median income (AMI) for the subject property’s location.
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.
7 maj 2001 · The high LTV refinance option is designed for Fannie Mae borrowers who are making their mortgage payments on time, but whose LTV ratios exceed the maximum allowed for standard limited cash-out refinance transactions.
7 sie 2019 · August 7, 2019. The Selling Guide has been updated to include changes to the following: Lender Quality Control Processes. Construction-to-Permanent Financing for Manufactured Homes. Removal of DU Refi PlusTM / Refi PlusTM References. Appraisal Waiver Eligibility. Miscellaneous Selling Guide Updates.
31 sie 2023 · The Fannie Mae High-LTV Refinance Option emerges as a strategic pathway for homeowners, especially those with limited equity, seeking improved loan terms. Central to this proposition is its design to cater to high Loan-to-Value (LTV) ratios, which traditionally pose a perceived risk.
To help lenders more efficiently reach an even broader base of eligible borrowers, Fannie Mae is announcing a number of enhancements to the underwriting and documentation policies for Refi Plus (manual only) and DU Refi Plus mortgage loans including: Reducing representations and warranties.
