Products for Low to Moderate Income Borrowers – $5000 Closing Cost Cap Removed for Refi Now and Refi Possible
Good news, effective immediately – Fannie and Freddie have removed the $5,000 cap on financing of closing cost for the Refi Now and Refi Possible programs!
In order to help you find the best product for your Low to Moderate Income Borrower, we have summarized Fannie and Freddie’s programs in the following grid.
TPO Refi Now and Refi Poss comparison
Please reference our guide and the Fannie / Freddie links for more information
Helpful Fannie Links
Helpful Freddie Links