<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=998676743601248&amp;ev=PageView&amp;noscript=1">

What is a DU Refi Plus?

DU-Refi-Plus.png

Designed for borrowers who have an acceptable payment history on a mortgage currently held or guaranteed by Fannie Mae but have been unable to refinance to obtain a lower payment, the DU Refi Plus allows you to benefit from lower rates without having to pay mortgage insurance.

Offering a program of 15- or 30-year fixed, fully amortizing mortgages specifically designed to provide a flexible refinancing option for your Fannie Mae loan. The Desktop Underwriter (DU) REfi Plus lets homeowners whose mortgage loan is owned by Fannie Mae refinance and take advantage of the current historically low mortgage rates.

The Benefits:

  • No minimum credit score required for eligibility.
  • Reduces the amount of documentation (such as employment information) required by lenders.
  • In some cases, you have the option to waive an appraisal.

 

 

Contact us today to get started: