June 18th, 2021 11:44 AM by Sam Kader
On June 5th 2021 – Fannie Mae announced a new mortgage refinancing program called RefiNow. This program is designed for low to moderate-income homeowners who could not qualify to refinance their homes before due to lenders imposed tight-credit standards such as high DTI or high LTV ratio. RefiNow lets more borrowers take advantage of current low interest rates to refinance. In order to qualify for this program:
This loan is available through selected lenders. Consult me if you qualify for RefiNow. Freddie Mac’s version of the program called Refi Possible will launch on August 30th.
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