Plaza News + Updates

Announcing Freddie Mac Refi PossibleSM program

Posted by Plaza Correspondent on August 31, 2021

Plaza Home Mortgage® is ready to roll on the Freddie Mac Refi PossibleSM program. Refi Possible expands eligibility to include borrowers at or below 80% of the Area Median Income (AMI) limit.

Benefits of Refi Possible include:

  • Credit up to $500 at closing for appraisal cost (if applicable)
  • Expanded eligibility and reduced documentation
  • Potential to finance portions of the closing costs

To help you identify if your clients may qualify, Freddie Mac has a new Property Eligibility Tool to verify if a borrower may qualify based on the property location and the borrower’s qualifying income.

To learn more about Refi Possible, contact your Plaza Account Executive or email us at

Topics: Wholesale News, Wholesale Program Updates, National Correspondent News, Plaza at a Glance, Mini-Correspondent News, National Correspondent Program Updates, Mini-Correspondent Program Updates

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