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New Fannie Mae website, KnowYourOptions.com, expands foreclosure-prevention resources
KnowYourOptions.com has undergone a renovation that allows Fannie Mae to provide more housing information, foreclosure-prevention resources, and tools than in years past.
Changes include:
- Expanded content. In addition to the foreclosure prevention information, KnowYourOptions.com now includes information on buying and renting a home, and expanded refinancing content. New calculators, tools, and other consumer resources have been added as well.
- Integrated Loan Lookup functionality. The Fannie Mae Loan Lookup tool has been integrated into KnowYourOptions.com, providing a seamless experience when searching for refinance and mortgage assistance. The integration has made the lookup process easier and now offers customized results. When the Loan Lookup matches a Fannie Mae loan, results will show the borrower the date their loan was acquired by Fannie Mae. Homeowners also will be guided to potential options that may be available for their situation, such as the Home Affordable Refinance Program (HARP) or the Home Affordable Modification Program (HAMP), get recommendations on next steps, and -- if they're a Fannie Mae borrower -- get mortgage assistance by requesting an appointment directly with a Fannie Mae Mortgage Help Center.
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