Understanding your loan purchase letter
Here's what you need to know
You may have received a letterThis letter is to inform you that Fannie Mae has purchased your loan. No action is needed. For your records, you can save this letter with your mortgage documents. from us notifying you that we purchased your loan. The letter is informational and you do not need to take any action.
Fannie Mae buys loans from lendersA lender is a financial institution that loans money directly to you with the expectation that it will be repaid with interest. to replenish their funds. This gives lenders the money to provide new mortgages for more homebuyers. Learn more about Fannie Mae and what we do here.
Your mortgage servicerThis is the company that collects your monthly loan payments on behalf of Fannie Mae. Your mortgage servicer may or may not be the company who originated your mortgage. and your loan terms remain the same when we purchase your loan. Send all mortgage payments to your servicer. Fannie Mae is not your servicer.
Benefits of a Fannie Mae-owned mortgage
When your mortgage loan is owned by us, you may be eligible for additional resources and emergency assistance.
Homeownership resources
Know Your Options helps answer questions about the basics of owning a home and shares educational resources.
Homeownership calculators
Calculate home equity with the loan-to-value (LTV) calculator, explore cost savings with the extra payment calculator, and more.
Future financing needs
Products like HomeStyle® Renovation, HomeStyle Energy®, and RefiNow™ help eligible owners renovate, update, or refinance their home to fit their needs.
Free emergency support
Learn what steps to take when an emergency happens (natural disaster, financial, or other). Get assistance with mortgage relief options and receive support.
Download our mobile app to explore home maintenance and energy saving projects.
| Fannie Mae’s Loan Purchase Letter at a Glance |
 Click to enlarge |
Frequently Asked Questions
This letter is for informational purposes only. It is a legal requirement for us to notify the borrower of the purchase. You can keep the letter with your mortgage records for future reference.