HARP 2.0 Refinance Loans

The Home Affordable Refinance Program (HARP) has been extended until December 31, 2013 and allows homeowners to refinance into current market low interestmortgage rates even if the property has decreased in value and is upside down / underwater.

Established in 2009, for Fannie Mae and Freddie Mac, the Home Affordable Refinance Program provides an option for homeowners to refinance “Under Water Mortgages”. A HARP 2.0 Refinance allows homeowners to refinance out of high interest loans where the homeowner’s property value has fallen causing them to no longer to qualify under traditional underwriting criteria. Homeowners with a loan owned by Freddie Mac or Fannie Mae have the opportunity to refinance reguardless of the current property’s value.

-Skip 2 Mortgage Payments
-Appraisal waiver available
-Reduce High Interest Loan to Current Market