How do I find out if Freddie Mac or Fannie Mae has my loan??

One of the most ask questions these days deals with who is actually holding the paper on your loan. One of the reasons is that Fannie Mae and Freddie Mac both have various programs going to assist distressed homeowners. But, how do you find out if one of them holds your mortgage? Well Wilson Westbrook, a California broker and mortgage agent recently answered that question in his blog on Active Rain and I though I'd share that with you.

To find out if either of these two giants have your loan you need to first call your lender or loan servicer (the one who sends you a mortgage statement every month) and ask them if one of the two have your loan. If they do not want to tell you because some might not or if you do not feel comfortable with the customer service reps answer then you can find out directly from Freddie Mac or Fannie Mae by clicking the direct links below or calling the toll free numbers:

Does Freddie Mac have my mortgage online request form
1-800-FREDDIE (8am to 8pm EST)
Does Fannie Mae have my mortgage online request form
1-800-7FANNIE (8am to 8pm EST)

Once you know who has your loan you can then see if you qualify for the new refinance program that begins today for homeowners throughout America that are current with their mortgage payments but have not been able to qualify for a refinance due to the loss of value in their home.

If you're in California look up Wilson and in Michigan, call Agnes Meisch with John Adams Mortgage, once you've determined that you might qualify for one of their refi programs. She's at 248-535-5566.