Product Details

$0 Down Payment VA Loan Program

Can I get a reduced rate on my Fannie Mae mortgage?



and second homes



Financing OK

Home Affordable Refinance Program (HARP2.0)

The Fannie Mae "Home Affordable Refinance Program" (HARP2.0) offers homeowners that currently have a Fannie Mae loan to take advantage of lower interest rates in this market. Home values have decreased over the past few years, but with the Making Home Affordable loan you may still qualify for a refinance.

Apply NowFind a Loan Officer

Loan Features

  • Must have an existing Fannie Mae owned mortgage
  • Financing available up to 125% LTV with 640-699 FICO on Owner-Occupied and Second homes. 750 credit score
  • Non-Owner Occupied Max 105% LTV/110% CLTV with a minimum FICO of 660
  • Up to 175% LTV/CTV with 700 FICO on Owner-Occupied and Second homes
  • Unlimited LTV/CTLTV with = or > 750 FICO on Owner-Occupied and Second homes
  • If current policy is MGIC, transfer of MI is allowed
  • DU findings must be approved eligible
  • Fixed terms of 15, 20, 25 or 30 
  • Available for loans delivered to Fannie Mae prior to June 1, 2009
  • Refinance transactions only
  • No mortgage insurance required if your existing loan did not have mortgage insurance
  • Fannie Mae owned loans with existing mortgage insurance are eligible.  Mortgage insurance policies can be transferred from the old servicer. 
  • Subordinate financing ok (subject to approval from existing second mortgage holder)
  • Freddie Mac and Fannie Mae have adopted the Home Affordable Refinance Program (HARP) and you may be eligible to take advantage of these changes. 
  • If your mortgage is owned or guaranteed by Freddie Mac or Fannie Mae, you may be eligible to refinance your mortgage under the enhanced provisions of HARP
  • You can determine whether your mortgage is owned by either Freddie Mac or Fannie Mae by checking the following websites: or