Do you qualify for the Obama refi plan?

Aol Real Estate Contributor
Updated

Page Two
Return to Page One: Do You Qualify for the Obama Refi Plan

Fannie Mae Home Affordable Refinance rules

Objective: Fannie Mae's Home Affordable Refinance program is intended to help borrowers refinance to reduce their monthly principal-and-interest payment or switch from a risky loan product such as a short-term, adjustable-rate mortgage, or ARM, or from an interest-only mortgage to a fixed-rate mortgage.

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