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April 3rd, 2017 11:42 PM
My Mortage Insider

Last Chance to Utilize the 2017 Obama HARP Refinancing Program

Posted on April 03, 2017

Last Year for HARP Refinance Mortgage Program

Do you owe less than $300,000 on your home? Chances are good you qualify for HARP. Obama passed the HARP program which gives middle class homeowners a once in a lifetime mortgage bailout. The program comes with low costs, none of which have to be paid out-of-pocket.

IMPORTANT: As with most amazing government benefits, HARP will expire soon. But there’s still time for hundreds of thousands of qualified homeowners jump on their opportunity to take advantage of the program before it expires in 2017. Calculate your new house payment and see if you qualify from our lenders »

Refinancing with HARP Can Help You Lower Your Monthly Payment

There’s no downside to HARP. Participating in the HARP program does not require money out-of-pocket. It helps qualified homeowners get into higher-quality and cheaper mortgages. The bummer is most homeowners think it’s too good to be true and haven’t taken a serious look at it. In some cases, homeowners who have used HARP have eliminated up to 15 years of mortgage payments, dropped their interest rate by half, or just lowered their mortgage payments and saved up to $4,100 per year.

How You Can Get a HARP Loan Today

Services such as MortgageRefinanceRates are available to help homeowners find banks that offer HARP refinancing. MortgageRefinanceRates is a free service that allows homeowners to get in touch with and compare multiple lenders. It takes just 3 minutes to fill out the online form, and our network of online lenders can help find out if you qualify for HARP. They will also calculate your new mortgage payment. You’ve got nothing to lose by taking a look. You’ll be surprised to see how much you can save by lowering your monthly payments with HARP.

Banks don’t want homeowners to know about it because they hate what this program could do to them. HARP helps homeowners refinance at today’s historically low rates and switch to 15 year fixed rate mortgages. That helps homeowners save up to $190,000, which means homeowners who use HARP could take as much as $190,000 out of banks pockets and put it back into theirs. Calculate your new house payment and see if you qualify from our lenders »


Posted in:Home Mortgage and tagged: Government Financing
Posted by Greg Shelley Phd on April 3rd, 2017 11:42 PMLeave a Comment

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