Making Home Affordable Refinance

If you can't take advantage of a traditional refinance, you could qualify for refinancing through the Making Home Affordable program.

You could qualify for a Making Home Affordable refinance if:

• You have a Fannie Mae or Freddie Mac mortgage loan on your primary residence, second home, or investment property. Please contact Fannie Mae at 1-800-7FANNIE or Freddie Mac at 1-800-FREDDIE if you are unsure.
• You are current on your existing mortgage.
• You are interested in a new fixed or adjustable loan at current low rates. Note: Refinancing fees may apply.

If you meet all of the guidelines above, call (858) 652-8000 to talk to a loan agent about refinancing your mortgage.

You can learn more about the federal government's Making Home Affordable programs at makinghomeaffordable.gov.

Making Home Affordable Program

If you're behind on payments, or having difficulty making your payments, you could qualify for a loan modification through the federal government's Making Home Affordable program.

You could qualify for a Making Home Affordable loan modification if:

• You own and occupy your home as your primary residence.
• You are either current, at risk of imminent default, or behind in your mortgage payments, or are in foreclosure or bankruptcy.
• The unpaid principal balance of the first mortgage on your primary residence is $729,750 or less (loan limits are higher on owner-occupied multi unit properties).
• You have verifiable source(s) of income to put towards a mortgage payment each month, even if that income has recently been reduced.
• You can provide copies of your most recent tax returns and will sign an affidavit of financial hardship.
• You have not previously modified your mortgage under the Making Home Affordable program.
• Note: Mortgages on second homes, vacant homes, and investment properties are not eligible for modification under this program. However, we may have other programs that apply to these types of properties.

You can learn more about the federal government's Making Home Affordable programs at makinghomeaffordable.gov.

Assistance through other programs

Your completed form will help us find a plan that fits your situation. You could qualify for a:

Repayment Plan

A repayment plan allows you to make a regular payment plus a portion of the amount past due each month over a period of months. This option is based on financial information you provide, and you may be required to make a deposit toward the amount past due.

Loan Modification

A loan modification might be a good option if you have a temporary reduction in income or an increase in expenses. An effective loan modification could lower your monthly mortgage payment and cure any delinquencies on the account.