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Do I have to HARP with the same lender? Or can I shop around for other lenders?

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codeman9

Everett, WA

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I'm simply wondering if I can change lenders under the HARP, or if I have to use the original loan servicer.
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November 10 - Silver Lake
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If your home is owned by Fannie Mae you can shop around, it's true PMI may be an issue if you have it, but otherwise you can go to any lender you want.

If your home is owned by Freddie Mac you have fewer choices, but thanks to the Freddie Mac open access program released just weeks ago, several lenders are allowing borrowers with Freddie Mac loans, serviced by any lender, to refinance with them. A broker can give you all your options.

Here are links to check on who owns your property.

Fannie Mae property Check  Freddie Mac property check
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November 10
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You can shop around as long as the existing loan does not have PMI.
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November 10
 

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Question Do I have to HARP with the same lender? Or can I shop around for other lenders?
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