home insuFannie and Freddie have become household names with the housing collapse. If Fannie or Freddie guarantee your loan, you’re more likely to get assistance through the Making Home Affordable Program.

The problem is — most homeowners don’t know if they have one of these loans.

There is a simple tool you can use to find out who backs your loan.

Fannie Mae
•1-800-7FANNIE (8am to 8pm EST)
www.fanniemae.com/loanlookup

Freddie Mac
•1-800-FREDDIE (8am to 8pm EST)
www.freddiemac.com/mymortgage

These tools are fairly simple to use and just require your address and certification that you’re the owner of the property.