Freddie Mac Refi Possible® offers more options and newly expanded flexibilities to help you assist even more low-and moderate-income borrowers to consider refinancing their current loans to save on their monthly mortgage payments.

Refi Possible offers flexibilities to help borrowers take advantage of the current low interest rate market by refinancing their mortgages and lowering their monthly mortgage payments, which will help them achieve greater housing stability and build generational wealth. This refinancing option, targeted toward low-moderate income borrowers, may be especially beneficial for borrowers who may not believe they qualify for refinancing due to their incomes.

Refi Possible is available in Loan Product Advisor® and for manual underwriting as of August 30, 2021.