Answers (4)
- mymortgagebrokerjoe
- Contributions:178
talonwar, here is link to press release: http://www.fhfa.gov/webfiles/22721/HARP_release_102411_Final.pdf
- Pasadenan
- Contributions:26328
1) It must be a Fannie Mae loan
2) The over 125% loan to value refinance will not be available until sometime in early 2012.
3) You must be current on your payments for at least the past 6 months.
4) It must be owner occupied primary residence still
5) It is still up to the lender if they will do the refinance or not
6) If there is a second loan, not all lenders will be willing to re-subjugate the 2nd loan.
There have been several threads on that topic already, and some of them have links to other sources.
2) The over 125% loan to value refinance will not be available until sometime in early 2012.
3) You must be current on your payments for at least the past 6 months.
4) It must be owner occupied primary residence still
5) It is still up to the lender if they will do the refinance or not
6) If there is a second loan, not all lenders will be willing to re-subjugate the 2nd loan.
There have been several threads on that topic already, and some of them have links to other sources.
- wetdawgs
- Contributions:40758
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Under the recently announced Obama plan (Oct 2011), are there any requirements/restrictions limiting
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