Special offer

Can Your Lender Play the Harp 2.0?

By
Mortgage and Lending with Stearns NMLS #232164 CA BRE #01380812 BRE 01380812 NMLS 232164

If you've been turned down for the Home Affordable Refinance Program or Harp 2.0 for being "too underwater" listen to the radio interview below. 

Harp was designed to benefit underwater homeowners without regard to how underwater you are if you meet the other qualifications. 

If the bank says you're too underwater, it's like saying:  "I can play the HARP, but I only know one song!" 

Click on the link below to hear Queen of the Loan interviewed on Greg O'Donnell's Money Matters Radio Show broadcast on KSFO AM Radio in San Francisco.

You'll learn how brokers are helping underwater homeowners refinance when bankers say no. 

 

Money Matters Interview on KSFO: Click Here To Listen Now

 

 

See Queen of the Loan's Music Video HERE

Posted by

Comments (2)

David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

Yeah true in many ways but only for those lucky enough to be in a FNMA loan. The FHLMC loans are all but impossible to go beyond 105% so the answer is YES you can refinance with negative equity BUT you better be FNMA insured or your options and amount of negative become very scarce

May 08, 2012 11:59 AM
Mary Anne S. Daly
Stearns NMLS #232164 CA BRE #01380812 - Mill Valley, CA
Queen of the Loan & Radio Broadcaster

You're right David, we're finding those with Fannie Mae owned loans fare better when they are upside down.  Thanks for your comment.

May 13, 2012 02:20 PM