Is My Loan Owned by Fannie Mae or Freddie Mac?

Many San Diego homeowners are unable to refinance based on a lack of equity in their home. The good news is that the Home Affordable Refinance Program (HARP) could make refinancing a possibility. The HARP program is ONLY available for loans owned by Fannie Mae or Freddie Mac. Since you do not make your payment to Fannie Mae or Freddie Mac you would not know unless you check.  Even though you make your monthly mortgage payments to one of the major banks they most likely do not own your mortgage.  There is a high probability they only service your loan.  This means they collect the monthly payments on behalf of the owner i.e Fannie Mae or Freddie Mac.

Below are the steps you need to complete to find out if you are eligible:

Step 1: Click here to check Fannie Mae’s loan lookup tool.

Step 2: Click here to check Freddie Mac’s loan lookup tool.

Step 3: Call or email me to discuss the available HARP programs if either Fannie Mae or Freddie Mac own you loan.

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