RefiNow Mortgage Refinancing

Join the more than 3 million homeowners saving money by refinancing

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

With RefiNow you can take advantage of benefits like:

  • A lower interest rate
  • Reduced monthly payments
  • 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, reach out to your preferred lender or find a lender that offers RefiNow in your area. Your lender may have other financing options for you to consider as well. Refinancing may not be the right option for everyone. Always compare and shop around for the mortgage that works best for your financial situation. Learn more about refinancing.