New Fannie Mae Loan Lookup Available for Borrowers
As more borrowers become familiar with the Making Home Affordable program, there has been an increase in borrower inquiries regarding the identity of their mortgage investor. To help borrowers answer this question, we have launched theFannie Mae Loan Lookup for borrowers.
This new tool replaces the existing inquiry feature and provides an immediate answer indicating whether or not Fannie Mae is the investor on the loan at a specific address. Borrowers only need to enter their address information to get a result.
Freddie Mac offers a similar tool. Borrowers can visit Fannie Mae's Web site, fanniemae.com, or Freddie Mac's Web site, freddiemac.com, to use the new lookup tools. Alternatively, with the borrower's consent, you may utilize these tools to quickly determine the mortgage investor for the borrower.
For additional details on the Loan Lookup Tool, please review the Frequently Asked Questions for lenders on eFannieMae.com.
Please do not hesitate to contact me if you have any questions.
Richard DeGrace, Vice President
Cherry Hill, NJ 08003
Carol DeGrace, Vice President
Mantua, NJ 08051