Denver Making Home Affordable Refinance

Denver Making Home Affordable Refinance

 

Denver Making Home Affordable Refinance

It is rumored that changes are coming soon to the Making Home Affordable Refinance program.

Among the changes are:

– No appraisal required.
– No restrictions on loan-to-value.
– No income or asset documentation required.

We will be notifying home owners once the program changes are officially announced in mid-November.  Please fill out the quick quote form on the right or email us so we know to contact you once details are released! 

Check out our new HARP Refinance website!

If you are one of the many home owners nationwide who have experience a decrease or disappearance of your equity, you are in luck.  The government’s Making Home Affordable Refinance is here to help.

This program will allow you to refinance your home despite a loss in equity, and at Low Fixed Rates.

Other Making Home Affordable Refinance highlights:

  • No equity, no problem!
  • Lower your payment
  • Low fixed rates available
  • If you have no mortgage insurance now, you won’t on this program
  • Reduced documentation in some cases
The first step in seeing if you qualify for a Making Home Affordable Refinance is to find out if your mortgage is owned by Fannie Mae or Freddie Mac.  Your mortgage must be backed by one of these entities in order to qualify.Does Fannie Mae Own Your Mortgage?

Does Freddie Mac Own Your Mortgage?

If your mortgage is owned by Fannie Mae or Freddie Mac, you likely will qualify for a Making Home Affordable Refinance and can obtain great low rates.  There must be a demonstrated benefit to you as the borrower, so you must be lowering your payment, term, or going from an ARM to a fixed rate.

Again, it doesn’t even matter if you have little or no equity or even negative equity.  If your current mortgage doesn’t have mortgage insurance, you will not have mortgage insurance on the new Making Home Affordable Refinance loan either.

We will provide you with an honest and accurate professional consultation at no cost.  We have dozens of other great Refinance Home Loans so if the Making Home Affordable Refinance is not the best one for you, we will let you know.  Just follow the link below to get started on your Making Home Affordable Refinance:

 Denver_Home_Refinance.jpeg

If you have Making Home Affordable Refinance questions, please try our
fast and free Ask an Expert feature.

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Fairway Independent Mortgage Corp.

(303) 670-0137
165 S. Union Blvd
Lakewood, CO 80228

Fairway Independent Mortgage Corp. NMLS# 2289
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Richard Baxter NMLS #395819, CO License #100034412
FIMC #2289
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