OK I want to poll loan officers on Harp 2. First when is your bank planning to offer the loan? What will be the savings versus Harp 1? Third if you think you can meet the appraisal is there a good reason to wait for Harp 2? I am advising a former client and am not on board with what my loan officer is telling me. It was my understanding that the fees for Harp 2 were going to be less then Harp 1.... The loan officer said that she didn't believe it. Does anyone know the answer?
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