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*The $145,000 savings is referenced from a New York Times article entitled Exploring the 15 Year Loan that was printed on August 19, 2011. The quoted savings is based on the difference between the monthly payments on a 30 year fixed versus a 15 year fixed mortgage, with a $300,000 loan amount, and a 4.25% interest rate on the longer loan and 3.50% interest rate on the shorter one. Actual savings will vary based upon your individual situation and current interest rates.

FANNIE MAE® and Refi PlusTMare registered trademarks of Fannie Mae. All other logos or brand names shown on this website are trademarks of their respective owners and/or licensors.

You may qualify for a Refinance Loan under this program if

Your loan is owned or guaranteed by Fannie Mae or Freddie Mac

You're current on your mortgage payments

You can demonstrate you can afford the lower payments

You don't owe more than 105% of your home's estimated value

BlackRockLoan.com is not acting as a lender or broker. The information provided by you to BlackRockLoan is not an application for a mortgage loan, nor is it used to pre-qualify you with any lender. If you are contacted by a lender or broker advertising within our network, your quoted rate may be higher depending on your property location, credit score, loan-to-value ratio, debt-to-income ratio, and/or other factors. BlackRockLoan does not offer its matching services in all states. This loan may not be available for all credit types, and not all service providers in the BlackRockLoan network offer this or other products with interest-only options.