Is Your Loan Owned By Freddie Or Fannie?
There has been millions spent to refinance home loans over the past couple of years. The program most well known is called Making Home Affordable. The question is…. Do you qualify???
Before you get too involved, the number one criteria is that your loan is owned by either Fannie Mae or Freddie Mac. If you are not sure, you can look it up here…
Fannie Mae
www.fanniemae.com/loanlookup
1-800-7FANNIE (8am to 8pm EST)
Freddie Mac
www.freddiemac.com/mymortgage
1-800-FREDDIE (8am to 8pm EST)
If your loan is not owned by Fannie or Freddie then you most likely do not qualify for the Making Home Affordable program. You can read more about the program by clicking here.
If you can no longer afford your payments and are facing foreclosure, a better option would be to consider a short sale. Contact me today to discuss your options!
Visit My Short Sale Site- www.DullesShortSales.com
(this article was copied from this site)
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