Overmortgaged?
Can't Refinance?
The Home Affordable Refinance Program may be the solution!
The Home Affordable Refinance Program is designed to help responsible homeowners refinance into a more affordable mortgage, even if you owe more on your home than it's worth! Acceptable refinance reasons include:
- Decrease monthly payments
- Change from interest-only term to full amortization
- Change from adjustable mortgage to fixed rate
Your mortgage must be Fannie Mae or Freddie Mac serviced.
Does Fannie Mae Own Your Mortgage?
Does Freddie Mac Own Your Mortgage?
Additional Program Highlights:
- Mortgage balance can exceed your home's value
- Streamlined appraisal requirements in some cases
- No mortgage insurance if your original mortgage did not have mortgage insurance, regardless of LTV ratio.
- No minimum credit score
- One or two mortgage late payments allowed with explanation and mortgage current at time of application
- No maximum debt-to-income ratio
Contact us now to see if you qualify! | 
