Home Affordable Refinance Program ( HARP)
The Home Affordable Refinance Program (HARP) is scheduled to expire sometime this year and you can still take advantage of it by exploring various refinance options. If you can’t obtain traditional refinance, HARP may be alternative for you. You still have to go through all paperwork, application and underwriting process. Mortgage interest rates remain low and you should talk to your mortgage broker to see if you should refinance your home or not. You can reduce your monthly payment by taking advantage of HARP.
HARP is part of Obama Administration’s Making Home Affordable Plan. For more info how to qualify for HARP, please visit makinghomeaffordable.gov
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