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Freddie Mac Relief Refinance Open Access program(LTV<=125%)
October 26th, 2009 8:35 AM

If your loan owned by Freddie Mac, you can refinance your
loan up to 125% Loan to Value Ratio with any lenders who
supports Freddie Mac Relief Refinance Open Access program.

1)You don't have to do it with your current lender.
2)LTV is up to 125%.
3)No limits for CLTV(with 2nd loan is also ok).
4)No delinquencies in the past 12 months.
5)Loan programs can be 5/1ARM, 7/1ARM, 10/1ARM, 15yr,20yr
and 30 yr fixed.
6)It's ok to refi even if your current loan has Mortgage
insurance

Talk to your Mortgage Broker if you need refi with this program.


Posted in:General
Posted by Eric Fang on October 26th, 2009 8:35 AMPost a Comment

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