The program is finally here. That’s right…many of Americans may now be eligible to refinance their existing home loan even if they are upside down. Here is the tricky part. Your loan must currently be owned by either Fannie Mae, or Freddie Mac, in order to be considered. Most people have no clue who REALLY owns their loan. Visit these two sites to determine whether your loan is owned by Fannie, or Freddie.

http://loanlookup.fanniemae.com/loanlookup/

https://ww3.freddiemac.com/corporate/

If either agency owns your mortgage than you may just be a candidate. Learn More.

Kory Kavanewsky
Mortgage Consultant
(619) 554.1327