Forward Lending - Wholesale Lending for Mortgage Brokers

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REFI NOW

Program Highlights

FNMA’s new RefiNow program is an affordable refinancing option aimed at making it easier and less expensive for qualifying homeowners to reduce their monthly housing costs by taking advantage of today’s historically low interest rates.

Available to borrowers at or below 100% of the area median income with debt-to-income (DTI) ratios up to 65%.

Explore Program Details:

  • $500 credit if an appraisal is required for the loan
  • Max LTV of 97%
    DTI up to 65% may be eligible
  • Max loan amount $647,250
  • Minimum credit score of 620
  • Fixed Rate Only
  • RefiNow is available for existing Conventional loans owned or securitized by
    FNMA*
  • DU Underwrite only
  • Non-Owner Occupancy Allowed
*Existing loans must be a Conventional mortgage loan owned or securitized by Fannie Mae. Not be subject to recourse, repurchase agreement, indemnification, outstanding repurchase demand, or credit enhancement (unless the new loan is also subject to the credit enhancement, or it’s no longer required). Not be an existing High LTV Refinance Loan, DU Refi Plus Loan or Refi Plus Loan.
Get Approved Today

Learn More

Have a loan that you want to discuss with our experienced team?  Drop the details here. 

NO SPEED LIMITS HERE!

YOUR FORWARD LENDING TPO SUBMISSION PORTAL REDUCES DAYS TO CLOSE BY BEING FAST AND EFFICIENT.

GET TRAINING

Our TPO submission portal allows you to:

  • Get Pricing immediately on our Prime and Non-QM Programs.
  • Run Credit, DU/LP separately or at the same time.
  • Disclose your loan immediately or Quick Submit.
GET TRAINING
GET APPROVED

Join Forward Lending, Wholesale Lending Division and get access (as thousands of Approved Mortgage Brokers have done in the past) to Prime, Government, and Non-QM loan programs for your clients.

GET APPROVED
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