Now there’s hope for those hardest hit by the housing downturn! Talk to us today about HARP 2.0, which allows refi’s on mortgages, no matter how far underwater they are.
Over 180,000 have already successfully refinanced into a HARP 2.0 loan and were able to shorten the term of their loan or lower their interest rate! Find out if you can qualify and SAVE!!
Revisions to the HARP 1.0 program released last fall are now helping thousands of borrowers regain their financial footing! Those changes include elimination the ceiling on loan-to-value (LTV) ratios and, in some cases, waiving the need for appraisals.
HARP Refinancing is Humming
At press time, according to the Mortgage Broker Association, “HARP refinance loans accounted for 24 percent of the refinance activity so far in 2012.”
Mortgage News Daily reports, “The number of completed refinances for underwater borrowers in the first five months of 2012 exceeded the total number of such refinances during the whole of 2011.”
Among the requirements: Your mortgage must have been sold to Fannie May or Freddie Mac before June 1, 2009: you must have a good recent payment history and this must be your first HARP refinance.
See if you’re HARP eligible! Contact us or call now to schedule your “free” mortgage evaluation!!