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RefiNow Program

Fannie Mae® has adopted a new refinance option for loans to borrowers with incomes at or below 80% of area median income and you may be eligible to take advantage of this program. If your mortgage is owned or guaranteed by Fannie Mae, you may be eligible to refinance your mortgage under this refinance option.

You can determine whether your mortgage is owned by Fannie Mae by checking the following website: Fannie Mae Mortgage Loan Lookup.

Advantages

  • Interest rate reduction of at least 50 basis points and a reduction in monthly payment of at least $50

  • Up to $500 appraisal fee credit for borrowers who are not eligible for an appraisal waiver

  • Fixed-Rate Mortgage options available with flexible year terms

  • Cash-out refinancing available

  • Minimum credit score of 620

Let’s Get In Touch.

2443 W. Beverly Blvd. Montebello Ca 90640

Tel: 323-888-0777

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