harp 20: Upcoming Changes to the HARP 2.0 Refinance Program
- 02/28/12 02:59 PM
Look Out for Upcoming Changes to the HARP Program HARP allows homeowners facing difficulties refinancing their mortgage through conventional methods to apply for a refinance of their mortgage. A homeowner that is current with their monthly payments but unable to refinance due to a drop in the value is the typical prime candidate for the HARP program. The ultimate goal is to allow a homeowner to do a mortgage refinance for a lower interest rate and overall monthly payment. Here are the general eligibility guidelines for HARP: There is no loan-to-value cap in the new HARP, for fixed-rate loans. This … (1 comments)
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