Eight years later, the Home Affordable Refinance Program® (HARP®) has continued to serve millions of homeowners resulting in billions of dollars in savings. While it has been extended a couple of times, the truth is HARP® will end December 31, 2018. What’s to happen after that? You have other refinance options - new high LTV streamlined refinance programs to replace HARP® … [Read more...] about Yes, HARP® Is Extended But Better, All-Inclusive Refi Options Are Up and Coming
In the wake of the 2008 housing crisis, many American homeowners found themselves unable to refinance because of the significant drops in home prices. To offer support, the federal government stepped in to help underwater and near-underwater homeowners refinance their mortgages. This support program was named HARP® or the Home Affordable Refinance Program, established by the … [Read more...] about HARP®: A Timeline
The first wave of updates to the original Home Affordable Refinance Program® (HARP®) is set to expire. The program is only available until September 30, 2017, which means its advantages will not be pursued by underwater or near-underwater borrowers after that date. Fortunately, there’s been more than just talk of a HARP 3.0, which aims to extend the program, with better … [Read more...] about What Changes Will There be in HARP 3.0?
Click here for a free HARP® / FHA mortgage quote. 2016 is most likely going to be the last year of the HARP® refinance program. Currently, it is scheduled to end on December 31, 2016. If you are looking for information about the Home Affordable Refinance Program® (also known as HARP® or the Obama Refinance), here is some important information as well as frequently asked … [Read more...] about President Waives Refinance Requirements HARP® 2016
HARP® 2.0, which is meant to help underwater homeowners refinance their mortgage and save money in the long run, was not widely used for investment properties until recently. The most recent report from FHFA shows that around 11% of HARP® 2.0 loans were used on investment properties. This makes up for a large gap in the real estate market that was not using the advantages of … [Read more...] about HARP® 2.0 is seeing its Biggest Use to Date