Find Out if your Mortgage was Bought by Fannie Mae or Freddie Mac

Typically a loan being sold to either Fannie Mae or Freddie Mac after closing has little if any effect on a borrower directly, so there is no normal disclosure of the sale. This is because the bank or lender who holds the loan in their name has retained the ‘servicing’ of the loan. This means that your bank will continue to accept and process payments, provide customer service, etc. If the servicing of the loan becomes transferred then you are normally notified by both the old and the new loan holder.

As for how to find out if your loan was sold to Fannie Mae or Freddie Mac, you will need to ask your existing lender. There are no legal documents recorded for a transfer to Fannie or Freddie, so you can’t check with your county. Your best bet is to contact your lenders servicing department, you may have to call their regular customer service number and then get a transfer to loan servicing, but one way or another, someone at your current mortgage lender will be able to tell you if your loan is sold, and who it was sold to.