Homeowners who have less than 20% equity and closed their loan before 5/31/2009 may be eligible for Home Affordable Refinance Program (HARP) 2.0. With many homeowners underwater with their mortgages, there are federal programs that have been implemented to provide you with alternatives.
HARP is a federally-backed refinance program that allows owners that have existing Fannie Mae or Freddie Mac home loans to qualify for refinancing. Even if you happen to be "underwater" or at a high loan-to-value with your mortgage, you still may be able to qualify through HARP.
NOTE: The end date to get a HARP refinance is December 31, 2018
Don't resign yourself to thinking that you have no help when drowning in homeowner debt. We are here to get you the assistance you need when you're underwater and need to refinance. Our experience in helping past clients enjoy the benefits that HARP 2.0 has to offer can only serve to benefit you. For more information on this exciting opportunity, contact one of our loan officers today.