Freddie Mac Relief Refinance Mortgage Program
The Freddie Mac Relief Refinance Mortgage Program offers a viable solution to borrowers who have previously been unable to refinance due to declining home values. The opportunity is available to those borrowers whose existing home loan is currently backed by Freddie Mac. See if your loan qualifies for the Freddie Mac Relief Refinance Mortgage Program.
The Freddie Mac Relief Refinance Mortgage Program Offers Flexibility
The Freddie Mac Relief Refinance Mortgage Program offers the flexibility of LTV (Loan to Value) ratios of up to 125%, without the usual requirement of MI (mortgage insurance) when LTV is greater than 80%. To qualify for this program you must be current on your mortgage, and have no 30-day or more late payments, in the past 12 months.
Qualifications for the Freddie Mac Relief Refinance Mortgage Program
There are other qualifiers and restrictions, please consult with your mortgage broker for a complete evaluation of your loan needs and to see if the Freddie Mac Relief Refinance Mortgage Program is right for you!
