HARP Home Affordable Refinance Program Mortgage Mondays #56

HARP Home Affordable Refinance Program Mortgage Mondays #56. Affordable Mortgage Loan for Your Home Tyler TX

HARP Home Affordable Refinance Program Mortgage Mondays #56 video duration 2 Minute(s) 57 Second(s), published by Matt the Mortgage Guy on 08 03 2016 - 06:07:41.

https://www.mattthemortgageguy.com 916-529-7600 This episode I talk about HARP, the Home Affordable Refinance Program, which is available to eligible How does the increasing rates affect your purchasing power? Raising rates decreases your purchasing power
If, for example, you qualified for $250000 today, .

Darren Shaw from http://www.visionifp.co.uk/our-team/cornwall/darren-shaw.php leaves the office to explain what mortgage affordability is all about
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https://www.mattthemortgageguy.com 916-529-7600 This episode I talk about HARP, the Home Affordable Refinance Program, which is available to eligible homeowners through the end of 2016. A great program for folks who at underwater in thier homes and want to refinance to a lower rate. Websites to check if your loan is owned by Fannie or Freddie : www.knowyouroptions.com/loanlookup OR ww3.freddiemac.com/loanlookup

Hi its Matt the Mortgage Guy, Mortgage Mondays Episode 56, where I'm talking HARP - Home Affordable Refinance Program.

Matt the Mortgage Guy, Mortgage Mondays Episode 56, I'm talking about Home Affordable Refinance Program - HARP.

It's been around for quite some time. It got extended again through 2016, likely will be the last extension. Many of those who are eligible 3. some odd billion have already taken advantage.

The fact of the matter is, there is still folks out there who qualify, who haven't taken advantage. Those are the people I’m trying to reach out to if you have a loan which was originated before May 31st, 2009 and your loan is owned by Stanley Mayor Freddie Mack and you probably don't know if it's owned by one of those two agencies. There is a look up tool online, and I am happy to look it up for you.

But if you google that, you are going to get to those websites where you can look that up. Name, address, last four of your social it's going to say your loan is owned by them, or your loan is not owned by them. One of those two. Owned by them, originated on or before May 31st, 2009, and a loan to value of above 80%.

So, this program is aimed at folks who are under water and in one of those mortgages aimed at helping them avoid foreclosure.

Here in California, we had quite a few folks that were able to take advantage of this program, where in you know most circumstances when you're upside down in your house, you are not going to be able to reach finance, this was a great program that helps folks do just that. Refinance from their 6.5, 6.75 the types of loans they were getting back in those days to somewhere in the low 4's like we've had over the last few years.

So, if you have any questions at all, as always feel free to reach out. No need to look it up yourself, if you want to call and see if you are eligible - 916 529 7600.

Matt the Mortgage Guy, until next time.

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