Many investors have contacted me with the drop in interest rates to see if I can help them refinance their investment property. Unfortunately for most, the equity position in their property is too negative for me too help. Fannie Mae however, has implemented a program called DU Refi Plus to try and help the real [...]
Entries Tagged as 'Loan Modification'
Refinancing Your Investment Property with DU Refi Plus
December 1st, 2009 · 1 Comment
Tags: Bank Facts · Debt Reduction · Investment Mortgage Financing · Investment Property General · Loan Modification · Mortgage Financing · Mortgage Rates
Fannie Mae Now Offers Refinancing on Investment Property to 105% LTV
April 16th, 2009 · No Comments
Beginning April 4th, 2009, Fannie Mae is allowing borrowers who currently have a Fannie Mae backed mortgage to refinance their investment property even if there is no equity in their property. This is great news! Especially if you have a current adjustable rate mortgage and you want to get it locked at a great low [...]
Tags: Investment Mortgage Financing · Investment Property General · Loan Modification · Mortgage Rates
Do I Qualify for Obama’s New Loan Modification Program?
March 4th, 2009 · No Comments
On March 4, the Obama administration released an outline of what they are calling the “The Making Home Affordable Program.” There are two parts to this plan. First, if you are current on your mortgage and have good credit, stable income and your loan is currently back by Fannie Mae or Freddie Mac, you will be [...]
Tags: Debt Reduction · Loan Modification · Mortgage Financing
