How can you find out if Freddie Mac owns your loan?


Quick Answer

According to Freddie Mac, consumers can find out if the organization owns their home loan by using the Loan Look-Up Tool available on its official website. The information required to use the Loan Look-Up Tool includes the name, address and last four digits of the consumer's Social Security Number.

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Full Answer

Freddie Mac states that consumers must enter the required information exactly as it appears because spelling errors or using abbreviations can lead to inaccurate results. The Loan Look-Up Tool also gives consumers the note date on their mortgages. Freddie Mac states that consumers receive an immediate response to their inquiry once they enter all the required information.

Consumers who intend to apply for the Home Affordable Refinance Program with a Freddie Mac loan must meet certain requirements, which include that the loan is either guaranteed or owned by Freddie Mac. Loans must also have a note date of or before May 31, 2009, and customers must be current on their mortgage payments. There can be no 30-day late payments within the last six months, and customers can only have one 30-day late payment over the prior 12-month period.

As of 2015, customers can also contact Freddie Mac by phone to learn about the ownership of their loans or discuss refinancing. Customers can reach a representative at (888) 995-HOPE, according to Freddie Mac.

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