Be sure that all information entered in the look-up tool is typed completely and accurately and reflects the information from your original loan documents. Contact Fannie Mae at FannieMae.com, or 1-800-7Fannie to see if they own your loan. Call your lender (also referred to as your mortgage servicer) for assistance with your mortgage.
Buying A Fannie Mae Property Fannie Mae launches major first time homebuyer assistance. – · Having already begun buying mortgage loans that allow borrowers to put 3% down, Fannie Mae is launching a new program aimed at attracting more.
Fannie Mae and Freddie Mac do this by purchasing most of the home loans in the United States. They then hold them as their own investments, or package them into mortgage-backed securities that are sold to investors on what is known as the secondary mortgage market.
Contents lookup tool. homes fannie mae. trademarks Respective loan lookup tools fannie mae homestyle renovation fannie mae loan Find the answers to common questions concerning your mortgage and the various options to avoid foreclosure. fannie mae buys mortgages from existing lenders to add to its mortgage portfolio.
The form will ask for your First and Last Name, Address, and Last 4 Digits of your Social Security Number. If Fannie Mae DOES own your loan: the resulting page will show a match. If Fannie Mae DOES NOT own your loan: no match will be returned. Check to see if Freddie Mac owns your loan.
Call 888-995-HOPE (4673) (Hearing impaired: 877-304-9709 TTY). To find out if Fannie Mae or Freddie Mac owns your loan, use their respective loan lookup tools or contact your mortgage company to ask who owns your loan. Fannie Mae. 1-800-2FANNIE (8am to 8pm EST) KnowYourOptions.com.
The terms of your mortgage remain the same regardless of who owns it. If you were paying, say, 5 percent interest before freddie mac bought your mortgage, then you’ll pay 5 percent interest afterward. The only change you might see is that you will be asked to send your mortgage payments to a new address.
Fannie Mae and Freddie Mac own a majority of mortgages in the U.S. Most mortgages have a servicer and an investor, which is why many homeowners can be confused about who actually owns their loan.
Fannie Mae is a government-sponsored enterprise that makes mortgages available to low- and moderate-income borrowers. It does not provide loans, but backs or guarantees them in the secondary.