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How does a borrower apply for a Home Affordable Refinance?

April 26, 2017affordable borrower Home Refinance

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How does a borrower apply for a Home Affordable Refinance?

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Borrowers whose loans are owned or guaranteed by one of the GSEs, should call their mortgage servicer and ask for a Home Affordable Refinance application. Alternately, they may apply through a lender approved to do business with Fannie Mae or Freddie Mac. Nearly all major banks and mortgage brokers have this approval.