Many people have homes that are well within their means of financial affordability, yet are in trouble because what they pay monthly exceeds what their home is actually worth. Home Affordable Refinance Program (HARP) 2.0 is a program that I suggest to homeowners looking to refinance their home, no matter what the reason may be.
You may be asking yourself, why would I opt to try HARP 2.0 when HARP 1.0 did not meet the intended goal years ago? The answer is simple: there were key changes made that improved the program overall and will make it effective this time around.
HARP 2.0 allows all borrowers with insurance on their current mortgage to refinance, opening the door to many more people than before. Another piece of the puzzle that makes HARP 2.0 such a wonderful option for many is any new lender is only held responsible for anything coming under their watch now. They are not held accountable for any past actions, making more and more lenders willing to help with your refinance.
HARP 2.0 may be just what you have been searching for to give you the ability to refinance your current home. With my help, we can revise any past applications you may have filed and get you on the path towards the refinance that you need.
Owning a home should be something that you are proud of, not something that causes you stress. Contact me today and get the help that you deserve. Together we will look into what your refinancing options may be.
To qualify for this loan:
Make a payment of at least 10% down of the purchase price
Provide documentation of your income
Have a monthly mortgage payment exceeding no more than 43% of your income