What is HARP 2.0?
The HARP 2.0 program is also known as, “Making Home Affordable, the Obama Refi.” The program was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without paying for mortgage insurance.
Who is eligible for HARP 2.0
In order to be eligible for the HARP refinance program: Your loan must be backed by Fannie Mae or Freddie Mac. Current LTV (loan to value) must be greater than 80%. Must be current with no past due payments in 12 months. Home must have been purchased on or before 5/31/2009
HARP 2.0 refinance program
If you are a current homeowner with an FHA/VA or Conventional loan, you could be eligible for the Home Affordable Refinance Program (HARP) to help take advantage of today’s historically low interest rates and save thousands of dollars each year.
Cain Mortgage can facilitate your refinance. Call us and together we can get you the relief that you so desperately need. Lift the burden of high payments and allowing you to sleep better at night knowing that you are not going to have to worry about getting kicked out on the street because of a foreclosure. We are available whenever you are ready. Let us show how important your family is to our company. Your home is more than a commodity, it is where you raise your families, create precious memories, live in, and call home!
HARP 2.0 mortgage lender
The Cain Mortgage Team is made up of professionals who truly love what they do, and who love serving people. We are committed to the process of home buying or refinancing your mortgage, and will access every possible way to help you achieve your goal of home ownership or substantial debt reduction.