The HARP Program – Get Your Tax Dollars Back!

July 21st, 2010 |

The Federal Government has the Home Affordable Refi Program (HARP) that allows you to refi your home at a lower rate on a streamlined basis.

You may be eligible for HARP if you:

Own a one- to four-unit home that is your primary residence;
Have a mortgage owned or guaranteed by Fannie Mae or Freddie Mac
Are current on your mortgage payments and have not been more than 30 days late making a payment within the past 12 months
Have a first mortgage not exceeding 125 percent of the current market value of your home;
Have income sufficient to support the new mortgage payments; and
Can improve the long-term affordability or stability of your loan with the refinance