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Mortgage refining through HARP program?
Posted on 9/10/12 at 5:54 pm
Posted on 9/10/12 at 5:54 pm
Just heard about this. Anyone know any details
3
Posted on 9/10/12 at 9:54 pm to Bluff City Tiger
I assume that you mean "refinancing".
You have to work through your mortgage lender/servicer. They have to participate in the "Make Home Afforable" program in order for you to modify or refinance through HAMP or HARP respectively. If your loan is Fannie or Freddie your servicer most likely participates.
What are you trying to accomplish?
You have to work through your mortgage lender/servicer. They have to participate in the "Make Home Afforable" program in order for you to modify or refinance through HAMP or HARP respectively. If your loan is Fannie or Freddie your servicer most likely participates.
What are you trying to accomplish?
Posted on 9/10/12 at 10:02 pm to Bluff City Tiger
quote:
The Obama Administration’s Home Affordable Refinance Program (HARP) is designed to assist homeowners in refinancing their mortgages – even if they owe more than the home’s current value. 9 out of 10 of eligible Homeowners fail to take advantage of this government program. If you are current on your mortgage, with or without equity, then you are eligible for this program.
Posted on 9/13/12 at 1:43 pm to Bluff City Tiger
first ignore the other post in this thread as they are wrong(sorry guys). You do not have to go thru your existing lender to use the HARP program. But your current home loan has to be a fannie mae loan without PMI. there are other rules but that is the most important one.
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