Now you can refinance your Santa Clarita home even if you have no equity in it. So long as the current loans in place don't exceed the current value of your home by more than 105%, you may be eligible to refinance the loan(s). One big catch to this however, is that the loan(s) on your home in Santa Clarita must be owned by either Fannie Mae, or Freddie Mac.

This is great news still for many. Previously, unless you had about 20% equity in your home, or more, you could not refinance.

Don't know if Fannie Mae or Freddie Mac owns your loan? FIND OUT HERE!

Click this link to look up your address and see if Fannie Mae owns your loan

Click this link to look up your address and see if Freddie Mac owns your loan

 

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The Robert & Brian Team - Santa Clarita & Stevenson Ranch Real Estate

Santa Clarita, CA

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Realty Executives Valencia

Address: 26650 The Old Rd Suite 300, Valencia, Ca, 91381

Office Phone: (661) 964-1760

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Santa Clarita real estate news, information, commentary, opinion, and analysis.



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