Making Home Affordable Refinance
This special refinance option is offered in response to the Homeowner Affordability and Stability Plan (HARP) and provides new refinancing flexibilities for homeowners whose loans are owned by Fannie Mae. The program is designed to significantly expand the numbers of borrowers who can refinance their mortgages to a payment that is affordable now and into the future. It permits loan amounts up to 105% of the current appraised property value.
What You Need to Know:
- To qualify, your current mortgage loan must be owned by Fannie Mae. We are able to determine this for you!
- You must have a solid payment history on your existing mortgage.
- The expanded refinance flexibility ends June 2010.
Contact us today for a free pre-approval!