Here are the basic requirements for the HARP 2 program:
1) The refinanced mortgage must be owned or guaranteed by Fannie Mae or Freddie Mac.
2) The refinanced mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009.
3) HARP households must also be current on the mortgage to be refinanced, and must have a strong payment history.
4) The refinanced mortgage cannot have been refinanced under HARP previously unless it is a Fannie Mae loan refinanced via HARP between March-May, 2009.
If your house is currently upside down on a conventional loan, and you want to refinance – please give me a call or shoot me an email.
I just might be able to help you out!
Brett
To sign up for my weekly mortgage quick tips – CLICK HERE.
One of the most important things you will have to do when you apply for…
I wanted to let you know we have a 2% to 5% downpayment and closing…
If you want to acquire rental properties, but you are having issues proving your income…
Do you need cash out of your home, but you don’t want to refinance the…
In the mortgage world there are rules we have to follow. Such as, rules about…
Do you have investment property, and would like to pull cash out of your property?…