Owe More on Your Home Than It’s Worth? HARP May Be Able to Help

While we wait on the new, forthcoming Fannie Mae and Freddie Mac refi program for borrowers with elevated loan-to-value ratios, there is still relief available.

Rather than phase out the Home Affordable Refinance Program (HARP), the Federal Housing Finance Agency (FHFA) has extended the program through the end of 2018.

The HARP program was created in 2009 as a way for homeowners to refinance their home that have had a drop in their home’s value since they purchased it – thus lacking the equity needed for a traditional refinance. It’s important to note that this program is only good for those looking to refinance a loan from before May 31, 2009, among other variables.

To find out of you qualify for this unique refi opportunity, all you need to do is click on that Blue Button to get in contact with an Accunet loan consultant.