Home Affordable Refinance Program
Even if you think you may not qualify because of the current value of your home, give us a call. We may be able to help. Call 800-922-8742 today or stop by your local branch! The Home Affordable Refinance Program may help you to refinance your home, even if your current loan balance exceeds the present value of your home - up to 125%.*
If the mortgage being refinanced did not have mortgage insurance coverage, then no mortgage insurance coverage is required for the Relief Refinance Mortgage for the same servicer.
- Lower Your Payments – a lower interest rate means lower monthly mortgage payments—giving you more cash for other expenses.
- Save Money – If you shorten your mortgage term, you may potentially reduce the amount of interest you pay over the life of your loan.
- Add Stability – If you have an adjustable-rate mortgage (ARM), interest-only or balloon mortgage, you may be able to refinance to a more stable, fixed-rate.
Take advantage of this new opportunity that may help you better manage your payments today and assure you the security of low rates for the future.
Contact us today! 800-922-8742