Fannie Mae and Freddie Mac Eligible
HARP 2.0 Refinance In-House to 150% LTV
San Diego CA - One of the best aspects of the HARP 2.0 refinance is that it is not just for owner-occupied properties. Eligible property and occupancy types for the HARP 2.0 refinance 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.
The Lending Company is currently offering the HARP 2.0 refinance for Fannie Mae eligible loans up to 150% loan to value (LTV) for a primary residence and up to 125% loan to value (LTV) for all occupancy types.
We are doing the Freddie Mac eligible HARP 2.0 refinances up to 150% for a primary residence and up to 105% LTV for all other occupancy types. If the current loan is serviced by Ocwen, then we can offer the Freddie Mac eligible HARP 2.0 refinance up to 150% ltv for second homes and investment properties.
And remember, HARP 2.0 was extended through 12/31/2015
California property owners interested in the HARP Deal 2.0, contact Kevin Kueneke with The Lending Company today by calling (760) 500-1919 or inquire online at: kevinkloans.com
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