Great news! FHFA (Federal Housing Financing Agency) has extended the HARP (Home Affordable Refinance Program) till December 31, 2016! The main objective of this type of home loan is to save a borrower from a potential foreclosure or short sale by substantially reducing the mortgage payment to allow you to continue to live in your home. A HARP loan allows for higher debt-to-income ratios and there is no limit on the number of financed properties along. Also, investment properties can qualify. Please call today to determine if you can qualify for this program.
Best,
Shawn Sidhu
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