HARP 2.0 - Home Affordable Refinance Program
The Home Affordable Refinance Program (HARP) allows homeowners to refinance their homes, at historically low rates, even if they are under water. Take a look at the following criteria for HARP eligibility:
- The mortgage must be owned or guaranteed by Freddie Mac or Fannie Mae.
- The mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009.
- The mortgage cannot have been refinanced under HARP previously unless it is a Fannie Mae loan that was refinanced under HARP from March-May, 2009.
- The borrower must be current on the mortgage at the time of the refinance, with a good payment history in the past 12 months.
To learn more or to get started on the loan application, contact Derek Christina at (360) 514-5041.