The easiest way to find out is to pick up a phone and call your lender. They should be able to look up your records and give you the necessary information. Some major lenders, such as Wells Fargo, give out this info via an automated hot line.

If that doesn’t work, you can contact Fannie Mae or Freddie Mac directly using the info found on the government’s Financial Stability website.

In some cases, your mortgage ownership information will show up on your credit report or on files at the the County Recorder’s office. But, it’s important to note that this data can be out-dated or unreliable.

For the few who who meet the requirements, the federal creative financing program can be a smart way to get a low interest rate.

photo credit: borrowed time | demi-brooke

See Also:

Creative Re-Financing: Obama’s New Foreclosure Plan

FHA Mortgage Basics

Wells Fargo Alternative Documentation Qualifications

Borrowers must meet traditional lending standards with the exception of proving their income. To prove income, they must submit six or twelve consecutive months of their most recent bank statements. Income is determined by the monthly average of the money deposited.

Wells Fargo Alternative Documentation Loan Terms

The alternative documentation solution may be applied to any personal home loan including both fixed-interest and adjustable loans. Borrowers should expect to pay a higher interest rate than may be offered for traditional qualifications.

Applying for a Wells Fargo Alternative Documentation Loan

You can apply for a Wells Fargo Alternative Documentation Loan by contacting a mortgage broker or calling Wells Fargo directly (1-877-937-9357). You can also visit their website for more details about this program.