HARP is the acronym for Home Affordable Refinance Program. The program aids florida home owners whose home property values have dipped over the last two years to refinance their homes by way of fixed loans with payment of lower monthly installments.
Eligible Properties – Your primary residence, second homes and investment properties all qualify for the HARP 2.0 program. Your property can even be a multi-unit, up to 4 units total. Second Mortgage – If you have a second mortgage or home equity line of credit, you can still refinance with the HARP program. You cannot payoff the second.
HARP Loans in Georgia | Georgia HARP Loans. Home Affordable Refinance Program (HARP), a program launched by the federal government in the spring of 2009 to assist homeowners refinance who have lost equity in their homes and otherwise would either have to pay PMI (private mortgage insurance) or not be able to refinance at all if they were upside down (owe more on your home than its current value).
Three years ago, Obama unveiled the Home Affordable Modification Program (HAMP) foreclosure prevention effort and soon followed up with the Home Affordable Refinance Program (HARP), which helps..
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Westchester County, NY HARP Closing Costs. A HARP refinance loan does come with closing costs which can be financed into your new mortgage with limits. If you have a Fannie Mae loan, you can only roll 4% of our original balance in closing costs into the new loan. With Freddie Mac loans, you can add up to $5,000 or 5% to your new balance.
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