Refinance with Fannie Mae DU Refi Plus Home Loans in Orange County
Is your home underwater?
Refinance with Fannie Mae DU Refi Plus for the hom
eowner that has lost their home's value since the last time you refinanced. The Refinance with Fannie Mae DU Refi Plus is still available to homeowner's whose homes have lost value since the purchase or last refinance. This program is specifically designed to go up to 125% loan to value provided your home is currently held by Fannie Mae.
This means that if your mortgage balance is currently higher than 80% of what your home is worth you can refinance into a lower rate without having to pay additional mortgage insurance.
Our team specializes in home loans in orange county for purchases and refi's and the Refinance with Fannie Mae DU Refi Plus has enabled me to help homeowner's reduce their payment dramatically. Allowing them to never have to touch their mortgage again.
Here is 
how it works, the typical mortgage is written at 80% LTV. A home that appraised for $250,000 qualified for a mortgage loan of $200,000.
If that home now appraises for $168,000 and the existing mortgage is still $200,000, the home is now "underwater" (Meaning you owe more than it's worth). Good luck getting a refinance.
However, with the Refinance with Fannie Mae DU Refi Plus Program, you could still lower your rate and payment dramatically, provided that your current loan is with Fannie Mae.
The very first step is to determine if your HOME qualifies. To qualify for the Refinance with Fannie Mae DU Refi Plus Program, your home mortgage has to be held by Fannie Mae and it can not currently have mortgage insurance required.
To see if your home qualifies hit the following link, put in your home address in the required fields, don't forget to check the box indicating you as the owner and then type in the verification text and hit search. If the results come back with a "match found" then your home qualifies.
Refinance with Fannie Mae Du Refi Plus
Once you have determined that your home is a match for the Refinance with Fannie Mae DU Refi Plus.
Contact me directly at 949-204-8584 and I will be happy to give you a live rate and mortgage analysis at no cost to you. Typically my clients see a reduction of $200 or more on their mortgage. This could net you a savings of $20,000 to $50,000 over the life of the loan.
Refinance with Fannie Mae DU Refi Plus TODAY! It takes just minutes to determine how much I can save you off of your current mortgage. We typically close these loans within 30 days from the time of submitting the loan.
You may never have to pay your high mortgage payment again!
Refinance with Fannie Mae DU Refi Plus.
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