HARP Refinance Florida
Homeowners who cannot seem to make it with their current mortgage payments, however have not yet fallen delinquent on their mortgage, are thrilled to learn of the Home Affordable Refinance Program (HARP). HARP has been implemented to help homeowners who are having difficulty with their loan payments by allowing them to get a new and much more affordable loan at lower interest rates.
Keep in mind that if your home has not been refinanced before, you do not have more than 20% equity, have submitted no late payments for the prior six months and your lender is Freddie Mac or Fannie Mae, then you may qualify for HARP. While not all lenders participate in the HARP refinancing program, it is important to get the necessary information and qualifications that must be met if you decide that this is something you want to take advantage of.
If you are interested in taking advantage of the Home Affordable Refinance Program and want to learn more, then it is best to start with someone who knows all about obtaining a new loan. This is a unique opportunity that you want to be sure you enter into wisely and properly, so an attorney can always help.