Four Fannie Mae Repayment Options for Homeowners Exiting Forbearance

JUST ANNOUNCED: June 2020, Fannie Mae releases four repayment options for homeowners exiting forbearance.

#repaymentoptions #forbearance #fanniemae

Conventional mortgages backed or owned by Fannie Mae & Freddie Mac are covered under the CARES Act.

With Fannie Mae's announcement regarding workout repayment options for homeowners in forbearance, we now have a clearer path of what it looks like to gracefully exit forbearance after a COVID-19 hardship.

Is your mortgage backed by Fannie Mae or Freddie Mac?

Fannie Mae - https://www.knowyouroptions.com/loanlookup
Freddie Mac - https://ww3.freddiemac.com/loanlookup/
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NEXT STEPS: Get Prepared | Be Empowered

Step 1: Visit https://ForbearanceReport.org - Find My Way Home created this resource to help you quickly and easily find your servicer's mortgage forbearance and payment reinstatement options.

The Most Important feature on https://ForbearanceReport.org is the ability to read and report real homeowner experiences with your servicer. We currently have over 60 servicers listed.

If you are having challenges reaching your mortgage servicer, or if you are receiving conflicting or confusing information, we have partnered with housing advocacy partners that can help you contact and communicate with your servicer at no cost to you.

Step 2: Get Prepared by taking advantage of a free, secure, digital financial locker that will empower you with the ability to act quickly once you finally reach someone in the loss mitigation department!

Get instant access to these features and more!

✅ Monitor your Credit Score in Real-Time
✅ Store Banking Information for paperless access
✅ Store Employment information for paperless access.
✅ Loan Modification Documentation at your Fingertips
✅ Secure, Personal, and Powerful
✅ Create Budget & Goals and Track in Real-Time

Claim Your Free FinLocker & Learn More Here - https://forbearancereport.org/finlocker

Step 3: Claim Your Lifetime Membership to America's Homeowner Alliance. Visit https://www.myaha.com/ and claim your FREE lifetime membership. Use promo code: aha2020

Homeowners and aspiring homeowners need advocacy. America needs homeownership to fulfill the virtues of building communities, providing generational wealth, encouraging educational advancement, sustaining job growth, and delivering on the dream of hope and prosperity.

For more expert advice and empowerment:

We have been educating and empowering homeowners at https://FindMyWayHome.com since 2007. We are passionate about making sense of confusing and challenging times for home buyers and homeowners after the great housing recession of 2008.

https://FindMyWayHome.com specializes in these challenging issues:

🎓 Qualifying for a mortgage when you have Student Loans - https://www.findmywayhome.com/student-loan/mortgage-ibr-loans/
⏱️ Waiting periods after bankruptcy, foreclosure, short sale or DIL - https://www.findmywayhome.com/waiting-period/how-long-do-i-have-to-wait-after-a-bankruptcy-short-sale-or-foreclosure/
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🍎 First-time homebuyer education series - https://www.findmywayhome.com/first-home-guide/buying-your-first-home/

If you have a complicated question and would like an introduction to a loan officer that we know and trust, you can tap into our network of mortgage experts here - https://www.findmywayhome.com/ask-question/

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