RefiNow Mortgage Refinancing

Join the more than 3 million homeowners saving money by refinancing

It’s not too late to take advantage of historic low interest rates. RefiNowTM puts a money-saving refinance option within reach for more homeowners.

With RefiNow you can take advantage of benefits like:

  • A lower interest rate
  • Monthly payments reduced by at least $50 per month
  • Savings on up-front out-of-pocket appraisal expenses

Use the Refinance Calculator to see if refinancing is right for you.


Find out if you’re eligible for RefiNow

Homeowners must meet eligibility requirements, including:

  • A Fannie Mae-owned mortgage secured by your home* — visit our Loan Lookup Tool to find out if Fannie Mae owns your loan
  • Income below the applicable limit**
  • No missed payments in the past six months, and no more than one missed payment in the past 12 months
  • A credit score of 620 or higher

* Must be a 1-unit, principal residence
** To qualify, your current income must be at or below 80% of the median income for your area


Get started

For more details and to see if you qualify for RefiNow, talk to a lender. Your lender may have other affordable financing options for you to consider as well. Always compare and shop around for the mortgage that works best for your financial situation.