Tag: HARP Eligibility

FHFA EXTENDS HARP REFINANCING THROUGH 2015

Posted on April 16, 2013 by Anthony Bird - Home Affordable Refinance Program, Mortgage Tips, Refinance

The Home Affordable Refinance Program (HARP) has been extended again and will no longer expire on the original date of December 31 of 2012. Federal Housing Finance Agency (FHFA) has announced the extension of the program designed for homeowners that have been unable to refinance due to their underwater mortgages. The extension was announced to continue the… Read more »

Bank or Broker for a HARP Mortgage Refinance?

Posted on October 11, 2012 by Anthony Bird - Local Michigan, Refinance

Many people have the misconception that to qualify for the Home Affordable Refinance Program they must contact their current servicer to refinance when they are underwater. This is not the case. While your current servicer or bank may be able to offer one option to drop your payment, many times they do not offer the… Read more »

HARP 3.0 | Responsible Homeowner Refinancing Act

Posted on September 19, 2012 by Anthony Bird - Home Affordable Refinance Program, Local Michigan, Refinance

The Home Affordable Refinance Program or HARP has been utilized by many homeowners who were underwater on their mortgage. It allowed them to refinance their home regardless of the loan-to-value (LTV) ratio in most circumstances. Recently, two U.S.Senators reintroduced a bill that would extend the guidelines and reduce fees even more. The new bill was… Read more »