Day 1 Certainty (D1C) for data validation provides the confidence that Fannie Mae will not enforce certain representations and warranties obligations for loan components that have been validated by the DU validation service.

What is the purpose of Fannie Mae?

Fannie Mae and Freddie Mac were created by Congress. They perform an important role in the nation’s housing finance system – to provide liquidity, stability and affordability to the mortgage market.

Who qualifies for Fannie Mae Refinance?

To qualify for the refinance option, homeowners must have: a mortgage with a loan-to-value ratio up to 97%, a debt-to-income ratio of 65% or less, and a minimum 620 credit score (applies to the new refinance loan).