Frequently Asked Questions

Who is Fannie Mae?

I am worried about foreclosure. Where can I turn for advice? What will it cost?

I have an adjustable-rate mortgage (ARM) that's about to reset. Can I refinance through Fannie Mae?

I'm not behind on my mortgage payments yet, but worry that I will be soon. What should I do?

If I'm delinquent with my mortgage payments, what options do I have?

I am facing foreclosure. What are my options to save my home?

My house has been foreclosed. Is there anything I can do to get it back?

If my foreclosed home sells for less than what I owe, will I owe my mortgage company the balance?

Do I get any money back if my foreclosed home sells for more than what I owe?

How long do I have before I have to vacate my foreclosed home?

Is it best to walk away from my property if I can no longer make the payments?

How long will a foreclosure stay on my credit report?

BEWARE

SCAMS

Learn how to identify and avoid scam artists who promise immediate relief from foreclosure.

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FAQ

ANSWERS

Find the answers to common questions concerning your mortgage and the various options to avoid foreclosure.

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GLOSSARY

TERMS

Visit our glossary of key terms to increase your understanding of the foreclosure options available.

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