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The HARP Deal, Eligible Occupancy And Property Type

By
Mortgage and Lending with Caliber Home Loans NMLS#284800

One of the best aspects of the HARP Deal 2.0 is that it is not just for owner-occupied properties.  Eligible properties for the HARP Deal include:

  • Primary Residence 
  • Second Homes
  • Non-Owner Occupied
  • 1-4 Units
  • Condominiums
  • PUD's (Planned Unit Developments)
  • Manufactured Homes

Even better, Fannie Mae does not limit the number of properties on which a borrower has financing.  If the new HARP Deal loan will be on a Primary Residence, Freddie Mac has no limit either. 

However, Freddie will limit the total number of financed properties to four (4) if the new HARP Deal loan will be on a Second Home or Investment Property.

Not sure if you qualify for the HARP Deal?  Contact Kevin Kueneke with AmeriFirst Financial today by calling (760) 500-1919 or inquire online at: www.kevink.amerifirst.us

Posted by

 Kevin Kueneke, NMLS # 284800
San Diego County Mortgage Specialist
VA Mortgage Loan Specialist | FHA Mortgage Loan Specialist
Direct Lender | Mortgage Banker
Phone 760-500-1919 | Fax 619-419-2324

Visit My Website: kevinkloans.com 

Mann Mortgage LLC | NMLS #2550
11230 Sorrento Valley Road Suite 225| San Diego CA 92121

Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Kevin, this is an easy to read summary of HARP to share with clients.

Feb 24, 2012 12:49 PM
Kevin Kueneke
Caliber Home Loans - Encinitas, CA
San Diego Mortgage Banker

Hi Sharon, trying to keep it simple as this really is a simple program.  Thanks for the comment.

Feb 24, 2012 01:25 PM