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  • More Options For Your Low-Income Borrowers — RefiPossible™ is Here!

More Options For Your Low-Income Borrowers — RefiPossible™ is Here!

RefiPossible has arrived! It’s time to start offering more options and bringing in more clients. The newest refinance option from Freddie Mac aims to helps borrowers with incomes at or below 80% of area median income (AMI).

Your low-income clients now have the opportunity to reduce their monthly mortgage expenses through refinance — allowing them to save more and build on their generational wealth.

Not sure if your borrower’s mortgage is owned by either Freddie Mac or Fannie Mae?

Here are a couple of resources you can use to check:

Freddie Mac - https://loanlookup.freddiemac.com/

 Fannie Mae - https://www.knowyouroptions.com/loanlookup

 

Contact your Fairway Wholesale Lending account executive or client liaison to learn more. 
Not an approved partner of ours yet? No worries. Get started on the approval process today, so you can begin offering this program to your clients right away! 

CLICK HERE TO GET STARTED!


  • Published By: Jordan Morales
  • Date Published: September 02, 2021

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