Home Affordable Refinance Program Loans
Even if your home is "underwater" you may be able to refinance and lower your monthly payments!
The Home Affordable Refinance Program (HARP) is a federal government program that enables qualified homeowners with government-backed mortgages to refinance at today's record low rates.
Introduced in 2009, the program was designed to help homeowners who owed more than their home was worth to refinance into a new affordable, more stable mortgage. The federal government broadened refinancing guidelines in November 2011 in order to make more homeowners eligible. Even those who did not qualify in the past might be eligible with today's HARP:
HARP restrictions loosened
- The "ceiling" requirement that homeowners owe no more than 125 percent of their home's worth was eliminated
- Some fees were eliminated
- The deadline for refinancing was moved to December 31, 2013
An overview of homeowner requirements
- Your mortgage must be owned or guaranteed by Fannie Mae or Freddie Mac
- You do not have an FHA, VA or USDA loan
- The current loan-to-value ratio on your mortgage must be greater than 80 percent
- No missed mortgage payments in the past six months
- No more than one missed mortgage payment in the past 12 months
Find out if you're eligible
If have been unable to refinance because the value of your home has declined, you may be eligible to refinance through HARP. Call 813-385-1109 to see if you qualify for a HARP refinance loan and get a personalized rate quote.
Don't miss this once in a lifetime opportunity
Please contact Jason R Hands for information on getting a rate quote. Or if you have a current offer from a lender please fax it to 866-216-6322 and I will beat their offer! Please contact me to discuss our loan programs, current rates and financing options.
Jason R Hands
ResMac Mortgage
5811 Memorial Highway, Suite 206
Tampa, FL 33615
800-917-7002 Ext 103 - Office
813-463-0283 Direct
813-385-1109 - Mobile
866-216-6322 - Fax
jason@res-mac.com
http://www.mortgagestampa.org
NMLS Originator ID: 214834 FL # LO562
;)
;)
