New Refinance Program Offers a Guaranteed Lower Rate, If You Qualify
(, ) — There’s a new government program, Lower My Bills, that’s designed to help homeowners who haven’t been able to get a refinance. If you haven’t missed a mortgage payment in the last 6 months, this program may be for you.
It’s estimated that this new program could save homeowners an average of $1,200-$3000 a year¹. Not only that but you may be able to get a credit up to $500 to pay for an appraisal.
This mortgage program reduces your mortgage rate
Find Your New, Lower Rate »
Sadly, some people think this refinance program is “too good to be true.” This is not true, this is a government sponsored program that helps guarantee:
- At least a .5% reduction in your interest rates
- At least a $50 a month mortgage savings
- Up to $500 Appraisal credit
Would you like to take advantage of this program? Find out if you qualify
To Qualify for this program, you need to meet these requirements:
- Have a Fannie May-Backed Mortgage
- Lower Income Qualified Borrower²
- A credit score of at least 620
- Not missed a payment in the past 6 months
Many homeowners are eligible, as more than 2 million low-income families did not take advantage of the record low rates to refinance. If you want to lower your house payment, shave years off your mortgage or get some extra needed cash out, this program might help you just do that! But, it’s crucial that you act while this refinance program is still available.
Want to Find Out If You’re Eligible?
It’s simple and can take as little as 60 seconds:
- Step 1: Select your home type below, then answer questions on the next page.
- Step 2: After you complete the questions, you can find lenders who can help you refinance
Select Your House Type:
Lower My Bills, NMLS #1912050 (nmlsconsumeraccess.org) is a lead generator only and is not acting as a mortgage broker except in Florida and Colorado; see our current state licenses here. Assurance IQ is also not acting in the capacity of a mortgage loan originator, mortgage correspondent lender or mortgage lender. Information received will be shared with one or more third parties in connection with your residential mortgage loan inquiry. The lenders determine whether you will be approved and the rate you will be offered. There is no guarantee that you will be approved for credit or that you will qualify for the advertised rates, fees or terms shown. The lenders’ credit decisions may vary based upon your loan request, your particular financial situation and other criteria determined by the lenders. All rates, fees and terms are not guaranteed and may change.