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Are Section 502 Guaranteed Rural Housing (GRH) Mortgages, Section 184 Native American Mortgages, and FHA/VA Mortgages eligible for the Relief Refinance Mortgage offering?

April 26, 2017FHA grh guaranteed HOUSING mortgages native american rural section VA

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Are Section 502 Guaranteed Rural Housing (GRH) Mortgages, Section 184 Native American Mortgages, and FHA/VA Mortgages eligible for the Relief Refinance Mortgage offering?

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No. The existing mortgage must be a conventional first-lien mortgage currently owned or securitized by Freddie Mac. Additionally, the Relief Refinance Mortgage may not be a Section 502 GRH Mortgage, Section 184 Native American Mortgage, or FHA/VA Mortgage.