Refi PossibleSM Expands Eligibility to Help More Homeowners
Reduce Their Monthly Mortgage Payment
On August 30 2021, Freddie Mac via bulletin 2021-17 introduced the Refi PossibleSM option to enable borrowers to refinance to a lower rate and reduce their monthly mortgage payment. With this program option qualifying homeowners whose earnings are no more that 80% of Area Median Income (AMI) will be eligible to refinance their Freddie Mac-owned loans to a lower interest rate and corresponding lower monthly mortgage payment.
The Refi PossibleSM program option will be available beginning August 30, 2021.
Sun West Mortgage Company, Inc. is offering the Refi PossibleSM loan program with an application date on or after August30, 2021.
Refi PossibleSM helps borrower by:
To qualify for Refi PossibleSM, borrower must have:
6131 Orangethorpe Avenue, Suite 500
Buena Park, CA 90620
Phone: (800) 453-7884
Refi PossibleSM is a service mark of Freddie Mac.
This information is provided to licensed mortgage professionals only and not for distribution to consumers. Please visit https://www.swmc.com/disclaimer.php or refer to www.nmlsconsumeraccess.org to see where Sun West Mortgage Company, Inc. (NMLS ID 3277) is a licensed lender and servicer. All Rights Reserved. We are not accepting applications from Georgia or Massachusetts residents. We are purchasing mortgages secured by Massachusetts properties but not Georgia. Sun West Mortgage Company, Inc. (NMLS ID 3277) holds a Financing Law License (#6030119) [Loans made or arranged pursuant to a California Financing Law license], licensed by the California Department of Business Oversight, Phone: (866) ASK-CORP and has a DRE Real Estate Corporation License Endorsement (#00793885), licensed by the California Department of Real Estate, Phone: (877) 373-4542.