Can the HARP Refinance program help you refinance into a better loan?
Yes, it can.
That's right, especially if you've had trouble refinancing in the last few years because of little to no equity or below average credit.
The HARP Refiance program (Home Affordable Refinance Program) was created by President Obama in 2009 and gives millions of homeowners who were previously left out of the market, the ability to refinance into lower interest rates and better loan terms.
This program makes qualifying for the loan much easier.
HARP has been extended a few times but is temporary and will end soon.
You probably are aware that after the financial crisis, mortgage loans became extremly hard to qualify for. Lenders were forced to tighten their qualifying guidelines and hundreds of loan programs were eliminated.
By using the HARP Refinance Program, you can avoid the strict qualifying guidelines that apply to other loans. The HARP Refinance Program does not require you to have equity in your property or perfect credit.
That's right, you can even be upside down with below average credit.
All right…What's the catch?
Most of the requirements have to do with when your current loan was put in place and who owns the note.
Where can you get a HARP Refinance loan?
Most big banks that are currently holding the older, higher interest rate loans are in no hurry to pay these off, as long a they are not delinquent. They often will not promote or even offer a HARP loan as an option to you.
There are however, companies like ours, who work directly with the largest nationwide wholesale mortgage companies to offer these HARP loans to you. In fact, we have been specializing in these HARP Refinance loans since the program was released.
Again, you don't need any equity, perfect credit, cash reserves or a large amount of qualifying income. This program is temporary and may end soon.
So what are you waiting for?
Are you ready to see how the HARP program can help you?
Call: 800-607-1941 x220
Posted By: Brian Bush Brian and his team has been funding home loans since 1991. You reach Brian at 800-607-1941 x220 or firstname.lastname@example.org