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HARP 2.0 Refinance in Meridian, ID

Looking for lenders/brokers that can get us started on a HARP 2.0 refi. We've been patiently waiting for lenders that can support an LTV of 150% only to hear that they are capping at 125%. A lot of "we're not ready yet - maybe in another month" while I keep seeing other Zillow users that are getting their refi's done with that high of LTV.

We are just victims of bad timing - moved and bought a house at the peak of the market and would like to refi to a lower rate. Steady employment for the last 6 years at the same company. No missed or late payments EVER. Credit scores for both myself and my wife of ~780-790. DTI of about 33%. Gross annual income of $120,000.

Can someone get us refinanced to a 20-30 year fixed rate mortgage?
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April 03 2012 - Meridian
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You'll need to contact your loan servicer.   To my knowledge brokers and correspondent lenders can't go that high--only the current servicer (although I may be mistaken).  If it happens to be PNC, I can help you. 
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April 03 2012
I will be amazed if very many loans are ever done this way since I have not seen the benefit to the lender to exchange a performing loan into a lower interest loan with higher loan to value ratios which looks worse on their books for no added return on investment.  I think it sounds good to consumers, but if the lenders won't do it, it is more frustration!

I have yet to hear of one being approved here in the area.

Best of luck!
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April 03 2012
We can go above 150% ltv on the HARP program.  Click on my link above for my info.  I can help you.

Thank you

Ken Burrows
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April 10 2012
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Did you ever find some one to do the refi? I'm in the same situation in Boise.
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June 06 2012
 
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HARP 2.0 Refinance in Meridian, ID
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Latest reply by Ben
June 06 2012 | 4 answers
  • Posted by user7496455
  • In Refinance
  • April 03 2012
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