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Find new opportunities for more borrowers with a refinance option now available to homeowners with a DTI up to 65% and no minimum credit score requirement.
- RefiNow
RefiNowTM is an afordable refinancing option for qualifying...
- RefiNow
RefiNowTM is an afordable refinancing option for qualifying homeowners aimed at making it easier and less expensive to reduce monthly housing costs. The matrix below summarizes our eligibility guidelines for RefiNow. Please refer to Lender Letter LL-2021-10 for additional information.
Use the refinance calculator to find out how much money you could save every month by refinancing. Note: Calculators display default values. Enter new figures to override. *Includes first monthly mortgage balance plus estimated closing costs. Results include a 1.5% (of loan amount) closing cost default setting.
See how much you'd save by refinancing. Depending on your current loan and market conditions, refinancing could help reduce your monthly payment. If you're interested in refinancing, use this tool to find a lender who can help you understand if RefiNow is right for you.
If you’re facing financial uncertainty and have a Fannie Mae-owned loan, you may qualify for helpful mortgage relief solutions like a forbearance plan or loan modification. You might also be eligible for RefiNow ™ — an option that can lower your interest rate and reduce monthly payments.
5 Μαΐ 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.
Fannie Mae is expanding credit for eligible borrowers and supporting sustainable homeownership. How? By providing 97% loan-to-value (LTV) financing options that help lenders better serve first-time homebuyers. Eligibility and Terms. LLPA Waiver Eligibility.
