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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