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HARP 2.0 is Here!

March 28, 2012

We are proud to announce that we are one of the select lenders who are able to provide this new, government sponsored program to help underwater homeowners.  Learn more about how you can offer help to your past customers with HARP through us!

What is it?

This new program allows homeowners to refinance no matter how much they owe on their home; even if they owe more than their home is worth today!  This program offers them the opportunity to refinance and take advantage of the historically low rates.  Doing so will save homeowners a significant amount on their monthly payments, or reduce the term of their loan.  In many cases, the home owner may not need a full appraisal saving them additional costs.

Who is eligible?

If your customer’s loan was sold to Fannie Mae or Freddie Mac by May 31st 2009, your customer may be eligible for this great program.  They also must be current on their mortgage with no late payments within the last 6 months, and only one late payment within the last 7-12 months.

I look forward to working with you to help your previous customers!  Contact me today to learn more about this program and to see if any of your customers are a good candidate for this program.

From Sandie Tate

 

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