Fannie Mae provides several refinance options including the Home Affordable Refinance Program.Fannie Mae refinance solutions are only available eligible borrowers who have a mortgage balance less than $417,000 that is owned by Fannie Mae.125 mortgage options are available for no equity home refinancing.
Fannie Mae Refinance Plus simplifies the refinancing process for loans that are already in a mortgage lender’s servicing portfolio. This Fannie Mae mortgage program allows refinancing to 125% LTV. The Home Affordable Refinance Programs offers a unique refinance alternative because no equity is required.Fannie Mae pledges to provide home refinancing with increased efficiencies for the origination and underwriting of Fannie Mae.Fannie Mae allows limited cash-out refinance transactions up to 125 percent loan to value.
