On October 24th of 2011, the Federal Housing Finance Authority (FHFA) annouced a key update to the already struggling Harp program, entitled HARP 2.0. It has taken a couple of months for my wholesale lenders to intrepret the laws regarding this program, and what guidelines they will have in place for you to refinance your home.
Basically, the HARP 2.0 program will now let you refinance your home loan, no matter how much upside down you may be. This will save the lenders rougly $8.5 billion in losses, and help rebound an already struggling housing market.
To see if you qualify for this program, call our office at 720-524-3215
Email me at email@example.com
For Quickest Approval, visit https://beaconlending.com/harprefinance
About the Author
Brian Quigley has been in the Denver mortgage industry since 2003. Customer satisfaction has been his top priority while guiding clients through the home loan qualification process. He is proficient in all types of mortgage financing including FHA/VA, Conventional, USDA, Jumbo, Portfolio, 1031 Exchanges, Reverse Mortgages, Refinancing, Construction loans, and FHA 203K loans.