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Is my loan backed by Fannie Mae or Freddie Mac?

We encourage you to contact your servicer (often your bank or lender) to verify that your mortgage loan is owned or guaranteed by Fannie Mae or Freddie Mac, or you may verify it yourself by accessing the following websites: Fannie Mae .KnowYourOptions.com/loanlookup, Freddie Mac .freddiemac.com/mymortgage.

What type of loan is a Freddie Mac loan?

Freddie Mac is an alternative name for the Federal Home Loan Mortgage Corporation, or FHLMC. Freddie Mac was created in 1970 as part of the Emergency Home Finance Act to expand the secondary mortgage market in the United States.

Why would my loan be sold to Freddie Mac?

By selling mortgages to companies such as Freddie Mac, lenders have the ability to continue making more home loans. Freddie Mac supports the secondary mortgage market by helping keep money flowing through the mortgage system, regardless of whether economic times are good or bad.

Is Freddie Mac conventional or FHA?

All loans backed by Fannie Mae and Freddie Mac are typically conventional loans, which are not insured by the government.

Is federal home loan mortgage Freddie Mac?

If youve ever bought, sold or considered buying or selling a home, you may have heard of the Federal Home Loan Mortgage Corporation, more commonly known as Freddie Mac. Freddie Mac isnt an actual person, but is, along with other semi-governmental entities like Fannie Mae and Ginnie Mae, a government-sponsored

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