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Underwater 200% You Maybe Able To Refinance HARP 2.0

What is HARP 2.0?

If you're not behind on your mortgage payments but have been unable to get traditional refinancing because the value of your home has declined, you may be eligible to refinance through the Home Affordable Refinance Program (HARP). HARP is designed to help you get a new, more affordable, more stable mortgage. HARP refinance loans require a loan application and underwritten approval.

This revised HARP program is waiving the loan to value limitation of 125%. This means, if your underwater 200% or more you may qualify to refinance into a better rate and save on your monthly mortgage payment. This program could save you thousands of dollars in mortgage interest over the term of your loan.

  • August 08 2012 - Brentwood
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Answers (1)

Nice Add you rock.
  • August 17 2012
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