Does Fannie Mae own my mortgage? Why would you even care who owns your mortgage? Well if you have been considering refinancing your home loan, but real estate values in your area have declined, you may want to know who owns your mortgage...Knowledge is Power...
Fannie Mae's program DU Refi Plus allows homeowners to refinance even though the value of their home may have dropped. One of the biggest benefits of the program is, if you were not required to carry mortgage insurance in the past, chances are you will not have to carry it when you refinance. This alone could save $50-300 per month. Or if you did have mortgage insurance on your previous loan, you can continue paying at the same rate - which is usually less than what's available today. For more information about the DU Refi Plus program, call Kevin Tinsley - All Tech Mortgage (253) 472-1500. Locally based in Tacoma, WA Serving the entire Puget Sound Region. www.alltechmortgage.com
All Tech Mortgage Inc. is your gateway to great mortgage products from Washington State's top mortgage lenders. Locally based in Tacoma, we shop, compare rates & fees and connect you with the best mortgage lenders in the Northwest. The interest rates we quote are typically .25% - .50% lower than most national mortgage companies. Plus our fees are some of the lowest in the industry.
Comments(0)