Refinancing Under HARP
HARP (Home Affordable Refinance Program) is a great program that may allow you to refinance your mortgage into a lower rate loan, even if you have little or no equity or owe more than the home’s current value. Refinancing to a lower interest rate can help save you money by reducing your monthly payment, reducing the amortization period, or moving you to a fixed-rate mortgage while rates are low. Give one of our mortgage experts a call today to discover if you are eligible or click here to Apply Now.
HARP: Extended and Revised
HARP (Home Affordable Refinance Program) has been extended until December 31, 2018 with some new guidelines to help homeowners who are underwater with their mortgages. Under the revised guidelines, homeowners with a loan owned by Fannie Mae or Freddie Mac have the opportunity to refinance with any participating lender.