Solidarity’s Advantage Refinance program offers eligible homeowners a low-cost refinance option, offering reduced monthly payments and potential savings on closing costs. Solidarity provides this opportunity to members who meet the income and loan criteria, making homeownership more affordable.
Key Elibility Criteria
The loan to be refinanced must be owned by Fannie Mae. Click the button below to find out more.
No minimum credit score
The borrower’s qualifying income must be at or below 100% of the area median income (AMI) for the subject property location. (See AMI Look up tool below.)
The existing loan must be at least 12 months old.
The borrower must be current on their mortgage.
No maximum LTV for fixed-rate refinances