mortgage refinance

Two new mortgage refinance programs launching this summer

It’s About to Get Easier for Over a Million Homeowners to Refinance Their Mortgages

Two new mortgage refinance programs launching this summer should make it a little easier for lower-income borrowers to save on their home loan payments.

Starting on June 5, Fannie Mae will offer a product called Refi Now. Freddie Mac’s version, called Refi Possible, is set to launch on August 30. Borrowers with loans backed by Fannie or Freddie and who make 80% or less than their area’s median household income will qualify.

read article on money.com

Reverse Mortgage Loans

Reverse Mortgage Loans

A number of our clients have used reverse mortgages responsibly – like anything, there are lenders in the industry trying to take advantage of people, but if you find someone you trust, and have proper representation, a reverse mortgage can be a good fit.