HARP 2.0 Will Help Refinance Upsidedown or Underwater Homes for Homeowners...
The recently announced expansion of the original HARP or Home Affordable Refinance Program is receiving a great deal attention, because of new guidelines and relaxed restrictions. The new program,...
View ArticleAm I one of the 7 million borrowers expected to qualify for the new HARP 2.0...
Am I one of the 7 million borrowers expected to qualify for the new HARP 2.0 refinance program? This is the question many homeowners are asking themselves since the news of the government funded...
View ArticleFlorida borrowers will benefit the most from the new HARP 2.0 refinance program
Recent statistics show that Florida at the top of the country in terms of declines in home values, as home values dropped more than 50% from their peak in 2007. HARP (Home Affordable Refinance Program)...
View ArticleFlorida Condo Owners Are Included in the New HARP2 Program Without New Condo...
It is common knowledge Florida was hit very hard by the downturn of the economy given its oversupply of condos. Miami, Fort Lauderdale and Palm Beach were the worst hit areas. Therefore, they can...
View ArticleHARP 2.0 Frequently Asked Questions FAQ Update
I have been flooded with calls from borrowers clients with questions that were not previously on my FAQ. So I have decided to write updates on a consistent basis and post them on my blog as I get more...
View ArticleHARP 2.0 released on March 17, 2012, Updated FAQ
March 17, 2012 is the date that mortgage servicers and wholesalers set as the first day their online underwriting systems go online to accept the new Home Affordable Refinance Program also known as...
View ArticleBig Banks Dont Like Harp 2.0 and Have Been Slow to Help Homeowners in Miami...
It has been quite a while since I have written a blog about the HARP refinance program that was intended to help homeowners refinance their mortgages that are underwater. I have been extremely busy...
View ArticleHarp 2.0 Helps Homeowners Refinance to Record Low Rates
Harp is finally starting to help those homeowners refinance into new low rate. With rates at historic lows, all property types that are Fannie Mae or Freddie Mac owned can take advantage of this...
View ArticleFannie Mae and Freddie Mac Harp 2.0 Loans Are Finally Closing!!!
It has been quite a ride working with the HARP loans in the past few months. Since it was announced late last year, many brokers including myself was weary if the government sponsored program to...
View ArticleRecord Low Interest Rates for HARP 2 Borrowers in Florida.
Harp2 rates may not be as low as a regular purchase but those that purchased their home or refinanced on or before May 31, 2009 are able to lower their payment and rates even with some of the hits on...
View ArticleHarp 2 Interest Rates May be Heading Lower Due to Hurricane Sandy
You are probably asking the same question I had when I heard this news. How can a hurricane affect interest rates? Well lets discuss what directly affect interest rates so we may determine what affect...
View ArticleIs the Government Funded HARP 2 Refinance Right for me?
I must get this question a couple of times a week. Since HARP 2 first started in March of 2012 I have been analyzing and qualifying callers looking to refinance their underwater home. Most of the time...
View ArticleHARP 3 Financing for Non Fannie Mae or Freddie Mac, Can it Happen?
I hope so! Even with the huge amount of borrowers that have refinanced their underwater homes into the HARP 1 and 2, there are still others that would have qualified if Fannie Mae or Freddie Mac owned...
View ArticleShort Sale VS HARP 2.0 Refinance Comparison for Florida Homeowners
Comparing Short Sales and Harp 2.0 refinancing for Florida Homeowners. As I work with borrowers I am not just interested in what rate I can get them or what will be their new payment. I am more...
View ArticleHARP 3 May Replace HARP 2 For Non Fannie or Freddie Investors
The government backed Home Affordable Refinance Program (HARP 2) may now included those not Fannie Mae or Freddie Mac but would otherwise qualify. Many are already coining it HARP 3. Like the Harp 2...
View ArticleHARP 3 Petition Started by Homeowner to Save Home
HARP 3 Petition Started by Homeowner to Save Home Many potential HARP2 borrowers are finding themselves on the wrong side of the deadline. Rules set by Fannie Mae and Freddie Mac state that in order to...
View ArticleHarp 2 Explained and Eligibility Requirements Updated
Harp 2 Explained and Eligibility Requirements Updated This is a question I come across everyday. This answer is not always black and white. It all depends on the person’s needs and goals are in order...
View ArticleHARP 2.0 Refinancing Surpasses Government Estimates
HARP 2.0 Refinancing Surpasses Government Estimates The federal government has successfully executed a program to accelerate the economic recovery by refinancing borrowers that are underwater, thereby...
View ArticleHARP 2.0 Mortgage Relief Bill Helps Underwater Homeowners
HARP 2.0 Mortgage Relief Bill Helps Underwater Homeowners A new bill called the Responsible Homeowners Refinancing Act of 2013 has been introduced in Congress for the purpose of simplifying the process...
View ArticleHARP 3.0 May Replace Harp 2.0 in the Near Future
It appears that HARP 2.0 unlike its HARP predecessor has been declared a success. With reports in March stating that 1.2 million borrowers took advantage of the refinance is much more than previously...
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