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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-2012-11
Fannie Mae is updating the eligibility requirements for...
- Selling Guide Announcement SEL-2012-09
The positive impact of Refi Plus and DU Refi Plus continues,...
- Selling Guide Announcement SEL-2012-11
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.
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.
HARP Refinancing with Fannie Mae's DU Refi Plus. Fannie Mae has a manual Refi Plus and an automated DU Refi Plus system for your HARP mortgage. Only your original lender can do a manual Refi Plus. Any participating DU lender can process your DU Refi Plus application.
31 sie 2023 · While Fannie Mae’s DU Refi Plus program may be a relic of the past, understanding its features vis-à-vis the High-LTV Refinance can offer insights. The DU Refi Plus was also designed to help borrowers with high LTV ratios, but its specific terms, advantages, and limitations differed.
Fannie Mae is updating the eligibility requirements for mortgages with certain types of credit enhancement or mortgage insurance coverage for DU Refi Plus mortgage loans.
The positive impact of Refi Plus and DU Refi Plus continues, enabling borrowers who have demonstrated an acceptable payment history on their existing Fannie Mae mortgage loan to refinance and obtain a lower payment or move to a more stable product or shorter term.
