2 responses to “What about housing stimulus package for homes not held by Fredie Mac and Fannie May?”

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  no_mo_names January 10th, 2011 at 01:34

  Deborah

  When Fannie and Freddie goes one way, most of the big lenders follow suit.

  Contact your bank after the 7th to see what they can do. They will probably follow suit and do the same thing as Fannie/Freddie.

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  Noneya January 10th, 2011 at 16:54

  Robin

  If you qualify to refinance on an FHA loan you should not need to utilize a program that is specifically designed for people who can not refinance because they are upside down on their loan.
  If the appraisal comes back and you owe more than what your home is worth you may be able to get the current lender to agree to modify your loan using the new Fannie/Freddie guidelines.