Cape Cod's Community Bank® Since 1855
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Mortgage Lending

Mortgage Lending

Making Home Affordable Program

The Cape Cod Five is participating in the Making Home Affordable program announced by the Treasury Department.  

The program provides refinancing opportunities for eligible borrowers current on their mortgage loans that are held by Fannie Mae and Freddie Mac but have been unable to take advantage of lower mortgage interest rates because their homes have decreased in value.  

Currently in order for Cape Cod Five to help you, we must be servicing your loan for Fannie Mae or Freddie Mac. If you are presently a Cape Cod Five mortgage customer  to determine if we are able to assist you, (and your mortgage account number begins with either 40 or 32-the loan is a Fannie/Freddie loan-add or use for screening before or after call is made) you can call us at 1-888-225-4636.

Additionally, after April 4th Fannie Mae will be expanding their program eligibility requirements. This will enable Cape Cod Five to assist eligible borrowers with loans held by Fannie Mae regardless of who is currently servicing your loan. 

If you are not a Cape Cod Five mortgage customer and want to know more about the program or determine if your loan is being held by Fannie Mae or Freddie Mac you can go to  their site at www.freddiemac.com or www.fanniemae.com or call 1-800-7fannie(1-800-732-6643) or 1-800-freddie(1-800-373-3343).

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