Opening up refinancing opportunities to more borrowers than ever.

If you’ve been looking to make your mortgage work better for you, now’s your time. Lower-income homeowners can now explore two refinancing programs designed specifically to meet their needs. Because everyone deserves the opportunity to benefit from a better rate, more manageable payment, and more savings.
Freddie Mac’s Refi PossibleSM is an option for borrowers who make at or below 80% of the area median income looking to refinance their mortgage. Eligible borrowers with a Freddie Mac-owned single-family mortgage can get a reduced interest rate and lower monthly mortgage payment, with the minimum rate reduced by at least half of a percentage point and at least $50 savings on monthly mortgage payments.
Fannie Mae’s RefiNowTM is a refinancing program for qualifying homeowners to lower their monthly housing costs with the help of today’s historically low interest rates. Available to borrowers at or below 80% of the area median income with debt-to-income (DTI) ratios up to 65%, RefiNow helps to address some of the barriers to refinancing and can provide a path to creditworthy borrowers who may not have previously qualified.
Refi PossibleSM highlights
- Available to borrowers with an eligible Freddie Mac mortgage and loan-to-value ratio up to 97%, a debt payment-to-income ratio up to 65%, a minimum FICO® Score of 620 or higher, and income at or below 80% of the area median income.
- Borrowers can roll up to $5,000 in closing costs into their mortgage, providing a solution for those with limited cash to close.
- Homeowners can benefit from a reduced interest rate as well as a lower monthly mortgage payment.
- Homeowners can also receive a $500 credit for an appraisal if one is required.
RefiNowTM highlights
- Available to borrowers with an eligible Fannie Mae mortgage with a loan-to-value ratio up to 95%, a debt payment-to-income ratio up to 65%, a minimum FICO® Score of 620 or higher, and income at or below 80% of the area median income.
- Borrowers can roll up to $5,000 in closing costs into their mortgage, providing a solution for those with limited cash to close.
- Homeowners can benefit from a reduced interest rate as well as a lower monthly mortgage payment.
- Homeowners can also receive a $500 credit for an appraisal if one is required.
Frequently asked questions
What is the difference between Embrace, my local bank, and a broker?
How long has Embrace been in business?
How much can I afford?
- Your debt-to-income ratio (your total monthly payments as a percentage of your gross monthly income)
- Cash you have available for a down payment and closing costs
- Your credit history
- The value of the home you’re buying
Can I pay my mortgage online?
Yes you can! Please use the following link to make payments. If you do not have an account you must create one the first time.
Where do I log in to see the status of my loan?


