How to Use the Fannie Mae and Freddie Mac Loan Lookup Tool to Find Out Who Owns Your Mortgage

A responsible and accountable mortgage lender is priceless when you are trying to get information about the loan on your house. If you are a borrower who wants to refinance their home loan you may be trying to get in contact with your lender for information or you may be trying to find out what mortgage programs you may be able to qualify for. At this point you may just need to know which institution owns your mortgage. This is important information to know because if you loan is owned by Fannie Mae or Freddie Mac, you may be able to qualify for the federal Home Affordable Refinance Program(HARP) which is part of the Making Home Affordable Program. The goal of this refinance effort, as announced by President Obama, is “to provide access to low-cost refinancing to responsible homeowners suffering from falling home prices.” The expectation is that refinancing a Fannie Mae or Freddie Mac loan will put responsible homeowners in a better position by reducing their monthly principal and interest payments or moving them from a more risky loan structure (such as interest-only or short-term ARM) to a more stable product.

Many times your original lender will not hold your mortgage in their portfolio. Instead they may sell it to one of two Government Sponsored Entities. These GSE’s, Freddie Mac and Fannie Mae, are the entities which can own your loan. You can use the Fannie Mae and Freddie Mac Loan Lookup Tools to find out which bank owns your mortgage. Here is a guide to using those tools.

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How to use the Freddie Mac Loan Lookup Tool

This government sponsored entity has a tool that will help you find out if they own your loan. There is some required information you must input on their website. It is suggested to use the tool on their site for security reasons since you will be entering in confidential information. You will notice that your address is split between house number, street name, street suffix and unit number. For example the address 17 wheat berry boulevard would have a house number “17”, a street name “wheat berry” and a street suffix “st”. You’ll also need to provide the last 4 digits of whoever is on the mortgage note’s social security number to confirm that the requested information is being given to the mortgage holder or to someone authorized by the mortgage holder to receive the information. You’ll also need to check the “verification” box to confirm that you are either the owner of the property or have the consent of the owner to lookup the information.

Although the Freddie Mac Loan Lookup is provided as a convenience for borrowers, Freddie Mac makes no representation, warranty, or guarantee regarding the accuracy of completeness of the results. A search that results does not guarantee or imply that you will qualify for a Making Home Affordable refinance. If you enter in information that does not match the records exactly, the results may return inaccurate. You should contact your mortgage lender to verify these results.

Required Information you’ll need to have ready:

• first name

• last name

• house number

• street name

• street suffix

• unit number

• city

• state

• zip code

• last 4 digits of social

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How to use the Fannie Mae Loan Lookup Tool

This government sponsored entity has a tool that only requires so much information but still it is suggested to use their website. The information this bank asks for is not as confidential. Instead they only require you to provide your street address, unit, city, state and zip code. You do not have to split up your address and city/state are optional fields. Although the Fannie Mae Loan Lookup is provided as a convenience for borrowers, Fannie Mae makes no representation, warranty, or guarantee regarding the accuracy of completeness of the results. A search that results in a “Match Found” or “No Match Found” status does not guarantee or imply that you will qualify for a Making Home Affordable refinance or modification. If you enter in information that does not match the records exactly, the results may return inaccurate. You should contact your mortgage lender to verify these results.

Required Information you’ll need to have ready:

• street address

• unit

• city

• state

• zip code

Although the Fannie Mae Loan Lookup is provided as a convenience for borrowers, Fannie Mae makes no representation, warranty, or guarantee regarding the accuracy of completeness of the results. A search that results does not guarantee or imply that you will qualify for a Making Home Affordable refinance. If you enter in information that does not match the records exactly, the results may return inaccurate. You should contact your mortgage lender to verify these results.

These tools are provided to borrowers as a convenience, though you should always use precaution when utilizing a lookup tool on any site. Make sure that the websites URL is the freddiemac.com or fanniemae.com domain before entering in any confidential information.

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If you have used the Freddie Mac and Fannie Mae Lookup Tools with no luck in finding out which bank owns your home, you may need to contact a financial services professional or contact your mortgage lender to get help with your loan’s information.