harp: HARP refi loans... they ain't dead yet!!!
- 11/04/13 03:04 AM
Rates went up quickly earlier this summer… but when the Feds said they’re not going to start TAPERING their buying of MBS (mortgage backed securities) on September 19th rates slid back down. Many “mortgage guys” out there were Chicken Little and thought the sky was falling and the world was ending. I just picked up 2 of these HARP (Home Affordable Refinance Program) loans just this past week. On both occasions the borrower knew about the program the last couple years but due to an “economic event” (late mortgage payment, job layoff, prior bankruptcy, etc.) they didn’t qualify … (0 comments)
harp: Underwater on your home? Here’s 9 options for you…
- 09/19/13 01:17 AM
Home prices are trending up but here in my home state of MN… I still hear the question “I’m underwater on my home and want to know what can we do?”. We (at iLoan) have addressed this with many home-owners and are trying to guide real estate agents when they’re asked as well in the last couple years. This BLOG is meant not for people who may be in the 11th hour of a Short Sale or Foreclosure but rather someone who is current on their mortgage and still owes more than what it’s worth.
A smarter Realtor/Loan Originator team can make a transaction effortless for a buyer and lead to future business from them, their family, friends, co-workers and neighbors.
Raving fans of your service will WANT to share their experience.
;)
;)
