Mortgage News Blog

April 5th, 2009 11:33 PM
Starting shortly, Fannie Mae and Freddie Mac will start buying loans for refinance purposes up to 105% of value. This is a huge benefit to homeowners who previously couldn't refinance because of the downturn in values and banks' loan-to-value requirements. If you want to see if your loan is currently held by Fannie or Freddie to see if you qualify please visit these links:

Visit https://ww3.freddiemac.com/corporate/ and/or http://loanlookup.fanniemae.com/loanlookup/ to check on eligibility requirements.
Posted by Greg Von Herzen on April 5th, 2009 11:33 PMPost a Comment (0)

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