New Refinance Option for Low-Income Homeowners - Available 6/5/21

By
Real Estate Broker/Owner with Carmela Realty DRE #01103369
BREAKING NEWS FOR IMMEDIATE RELEASE

​​​​​​Washington, D.C. – The Federal Housing Finance Agency (FHFA) announced  Fannie Mae and Freddie Mac (the Enterprises) will implement a new refinance option for low-income owners to take advantage of the new refinance option.

Find out if you’re eligible for RefiNow https://www.knowyouroptions.com/refinance-overview/refinance-options/refinow

Homeowners must meet eligibility requirements, including:

  • A Fannie Mae-owned mortgage secured by your home* — visit our Loan Lookup Tool to find out if Fannie Mae owns your loan
  • Income below the applicable limit**
  • No missed payments in the past six months, and no more than one missed payment in the past 12 months
  • A credit score of 620 or higher

Join the more than 3 million homeowners saving money by refinancing

Use the Refinance Calculator to see if refinancing is right for you, read full details. https://www.knowyouroptions.com/refinance-overview/refinance-options/refinow

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HELPING FAMILIES, SELLERS, BUYERS AND INVESTORS, MAKE THE RIGHT MOVE FOR OVER THREE DECADES. 

✰ Carmela Jacobs ✰ Listing Agent✰ Relocation Specialist ✰ Local Realtor ✰  Hablo Español✰  

Serving Ventura County and Los Angeles County

Carmela Realty DRE Broker #01103369 

WHAT'S MY HOME REALLY WORTH? Ask Carmela 

     

YOUR REFERRALS SAVE LIVES! FROM EVERY ESCROW WE CLOSE ON YOUR BEHALF, FUNDS ARE DONATED IN YOUR HONOR TO VARIOUS CHARITIES. 

Comments (1)

Mark Don McInnes, Sandpoint
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

This will be such good news for so many who thought they may miss out on the opportunity to refinance.  Good information.  Mark

Jun 07, 2021 04:01 PM