Making Home Affordable Program Loans
—A streamline refinance option for qualified borrowers who currently have a Fannie Mae or Freddie Mac insured mortgage.
Underwater homeowners can now take advantage of today's lower interest rates in addition to minimal documentation.
Key Features:
- Borrow up to 125% of your homes current appraised value
- Mortgage insurance is not required*
- Loans may be eligible for a waiver of appraisal or an exterior-only property inspection
- 10, 15, 20, 25 and 30 year loan terms available
An attractive option for borrowers who:
- Want to take advantage of current interest rates
- Owe more on their mortgage then their home is currently worth
- Want to refinance from an ARM to a Fixed Rate Mortgage
To see if your home is insured by Fannie Mae or Freddie Mac, click on the links below and then contact us to see how much money we can save you every month.
* Mortgage insurance is not required if your current loan being refinanced does not currently have mortgage insurance.
