Fannie Mae RefiNow Loans are a great option for homeowners looking to refinance their mortgage. With competitive interest rates and flexible terms, RefiNow Loans can help you save money on your monthly payments and potentially reduce the overall cost of your mortgage.
At Quintal Mortgage Co, we specialize in helping homeowners navigate the refinancing process and find the best loan options for their needs. Our team of experienced mortgage professionals is ready to assist you every step of the way.
Refinancing your mortgage with Fannie Mae RefiNow Loans can provide various benefits, including:
The RefiNow lets more of our borrowers save on their monthly mortgage payments! You must have income at or below 100% of their area median income (AMI) limit, so that we can reduce your interest rate by a minimum of 50 basis points.
Loan must be conventional and owned or securitized by Fannie Mae
Must have a reduction in their monthly mortgage payment*
30-year fixed loans with an LTV up to 97%
620+ FICO, up to 65% DTI
Primary residence only for rate/term refinance
$500 credit from Fannie Mae if an appraisal was obtained
Available on single- and multi-wide manufactured homes, condos and PUDs
*Reduction must include principal, interest and the mortgage insurance payment (if applicable).
To learn more about Fannie Mae RefiNow Loans and how they can benefit you, Contact us to explore your options and take the first step towards owning the home you've always dreamed of. With the different Fannie Mae Mortgage Loans, the lifestyle you've envisioned is within reach.
Take advantage of the benefits offered by Fannie Mae RefiNow Loans and start saving on your mortgage today. Contact us to get started!