The Fannie Mae Flex Modification offers eligible homeowners mortgage payment relief. The terms of the modification are determined by applying a series of steps that are designed to achieve a …

Jul 30, 2025 · What is the Flex Modification program? The Flex Modification program (FMP) is a conventional loan modification program designed to aid homeowners who are experiencing …

The Freddie Mac Flex Modification® (Flex Modification) offers Servicers an easier, flexible way of helping more borrowers qualify for a loan modification in a changing housing environment.

Dec 10, 2024 · In a loan modification, the bank agrees to alter your mortgage terms, lowering your monthly payment to a more affordable amount. If Fannie Mae or Freddie Mac owns your loan, …

Jun 12, 2023 · The Fannie Mae Flex Modification program is a mortgage assistance solution designed to relieve borrowers facing financial hardship. This program offers a flexible …

May 29, 2024 · Flex Modification is the Enterprises’ loan modification offering that provides a home retention solution for eligible borrowers facing a permanent hardship who can no longer …

The following table highlights the borrower, property, mortgage, and housing expense-to-income ratio eligibility requirements for a Flex Modification. For more information on these eligibility …

Mar 21, 2023 · The Flex Modification program is designed to help homeowners who have mortgages that are owned by Fannie Mae or Freddie Mac. The goal of this program is to make …

Aug 13, 2025 · In order to be eligible for a Fannie Mae Flex Modification, all of the criteria in the following table must be met. The mortgage loan must be a conventional first lien mortgage …

Oct 18, 2025 · Flex Modification requires the mortgage servicer to reduce the homeowner’s payments on the loan by adjusting the interest rate, adding overdue payments to the …