RefiNOW

FNMA’s new RefiNow program is an affordable refinancing option aimed at making it easier and less expensive for qualifying homeowners to reduce their monthly housing costs by taking advantage of today’s historically low interest rates.

Available to borrowers at or below 100% of the area median income with debt-to-income (DTI) ratios up to 65%.

Explore Program Details:

• $500 credit if an appraisal is required for the loan
• Max LTV of 97%
  DTI up to 65% may be eligible
• Max loan amount $647,250
• Minimum credit score of 620
• Fixed Rate Only
• RefiNow is available for existing Conventional loans owned or securitized by
  FNMA*
• DU Underwrite only
• Non-Owner Occupancy Allowed