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re: Mortgage refining through HARP program?
Posted on 9/10/12 at 9:54 pm to Bluff City Tiger
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?
1
Posted on 9/14/12 at 3:11 pm to ZereauxSum
We bought in 07 at height of housing market. Rates then were 6 plus percent. The current rates of 4 or less but would have to dump in a ton of cash to get back to 20 percent equity to refi without pmi. This program is supposed to let you refi at current amount owed without pmi. Thus greatly reducing loan note per month and locking in at these current low rates
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