Fannie Mae High Loan-To-Value Refinance Option
THIS PROGRAM IS CURRENTLY SUSPENDED.
The Fannie Mae High Loan-to-Value Refinance Option allows homeowners with high loan-to-value (LTV) ratios to refinance when their LTV exceeds the maximum value for standard loans. For borrowers who have made their payments on time, this program provides them with the opportunity to refi — with the benefit of lowering their interest rate, reducing their term, or moving from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage.
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