by First Option Mortgage
22. September 2010 16:35
DU Refi Plus
New loan programs surface nearly every week and it is tough to keep up with them all. However, it is important to understand these new programs may apply to situations that were not serviceable before. One of these new programs is DU Refi Plus.
What is it you ask? This home mortgage refinancing program hopes to prevent unnecessary foreclosures by lowering monthly mortgage payments for millions of eligible homeowners. With this new program there are new available options as well as several changes to the restrictions on those who qualify including:
Payment documentation changes
Appraisal Changes
Loan to Value percentage increase
Applicants with less than perfect credit
Several changes in terms of restrictions and guidelines
Want to find out more? Our loan professionals have been fully trained and educated in order to find out if you qualify for this opportunity. Give us a call today to find out if you qualify for a Fannie Mae DU Refi Plus and be able to save your home!