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✰  

Our Team Serves: Los Angeles County, Ventura County, Orange County, Riverside County and San Bernardino 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. 

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Comments (1)

Mark Don McInnes, Sandpoint-Idaho
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