Home Solutions Resource Center
Know Your Options
Who Owns your conventional home loan?
Freddie Mac or Fannie Mae?
If your mortgage is owned or guaranteed by either Freddie Mac or Fannie Mae, you may be eligible for loan modification or to refinance your mortgage.
Both Freddie Mac and Fannie Mae provide online tools for the public to check to see if their loans are owned by either organization.
Check your loan information against Freddie Mac and Fannie Mae’s databases.
Freddie Mac: https://ww3.freddiemac.com/loanlookup/
Fannie Mae: https://www.knowyouroptions.com/loanlookup
If Freddie Mac or Fannie Mae owns your loan, you may be eligible for programs designed to make your mortgage more affordable. Freddie Mac and Fannie Mae’s Loan Lookup tool, helps you quickly determine if who owns your loan. If neither one of them own your loan, check with your servicing lender to determine who owns your loan.
MERS® Servicer ID is a free service that provides the current servicer and investor (owner of the note) for loans registered on the MERS® System.
Access to MERS® Servicer ID is available by:
toll-free number at (888) 679-6377 or by accessing the online service https://www.mersinc.org/
Borrowers can search for servicer information one of three ways:
By property address
By the borrower’s name and social security number
Or with the unique Mortgage Identification Number (MIN) on the mortgage or deed of trust signed at closing. Don’t worry if you don’t know the MIN as it’s not required.
Have you received a foreclosure notice?
CHECK THE AUCTION DATA BASE.
If you have received a notice of auction or your home is at risk of being auctioned, or you simply wish to know if your home is going to be auctioned.
Visit the Auction website. https://www.auction.com
Once you are on their home page;
go to the far right of their website
click on Sign Up, It’s Free.
Follow the Sign-Up steps.
Once you have signed up; log in
enter your address in the search box
and follow the auction status of your home.
If you obtained a loan modification from your mortgage loan servicer, confirm that the auctioning of your home has been suspended. If it has not been suspended, contact your loan servicer or lender immediately, until the status of your home reflects that the auction has been suspended.
It is recommended that you do not pay anyone any money for loan modification services being that there are many HUD approved non-profit organization to assist with loan modification and money.