What is HARP 2 and Who Qualifies?
Answer the following 3 questions to see if you qualify.
1. Do you currently have a loan that is upside down on the property?
2. Is it a Fannie Mae or Freddie Mac loan?
3. Do you want to refinance and lock in a better interest rate?
If you answered yes to the previous 3 questions, then HARP 2 may be for you!
I am offering the trueHARP 2 program for homeowners who currently have a Fannie Mae or Freddie Mac loan on their property. This loan is available for those who owe more than what the property is currently worth. For example, if the current value is $200,000 and you owe $275,000, then you can refinance in a better interest rate. (Note: You must be current on your payments and not have been late in the last 12 months.)
Most lender are only able go as high as 125% on Fannie Mae and 105% on Freddie Mac due to investor limits, but I am able to do the max loan limit as per the Harp 2 program (each county will vary).
You may use it on your primary residence, second home, or 1- 4 unit rental properties.
Contact me to see what you qualify for today!