Don’t be out of the loop.
Your banks don’t want you to know, but here’s your chance to be a part of one of the best ways to refinance your home.
The Home Affordable Refinance Program (HARP) loan can lower a homeowner’s monthly payments, even with zero home equity. That means less money to the bank and more money for your financial goals. Who wouldn’t want that?!
HARP gives homeowners the opportunity to refinance their homes with a current mortgage rate, without having to get new mortgage insurance, even if the house has lost value.
ATTENTION: The HARP loan will be expiring at the end of 2016. Get your HARP rate quote now, before the year-end rush.
Unfortunately, the great government loan program will be put out of commission on December 31st, 2016. It is extremely crucial that homeowners take advantage of the opportunity while they still can!
More than 3.4 million homeowners have reduced their monthly payments by using the HARP loan, but that still leaves over 300,000 households that still haven’t taken advantage of this great opportunity. Don’t be one of those homeowners.
According to a study1, the top 5 states with the highest number of eligibility for a HARP Loan are…
- Florida- 42,172
- Illinois- 28,876
- Ohio- 26,987
- Michigan- 23,882
- Georgia- 20,761
TIP: There are HARP-eligible homeowners in virtually every state. See if you are one of them now. Click here.>>
Using the HARP loan, homeowners also have the likely circumstance of getting a refinance without an appraisal, which makes the whole process easier, cheaper, more convenient, and less of a hassle.
One of the biggest mistakes homeowners make is assuming they are not eligible for HARP. Invalid assumptions have cost households millions since the inception of the program.
Many applicants are surprised that they are not only eligible, but qualify for an ultra-low rate. Don’t let this opportunity pass unless you’ve checked your HARP status yourself.
By taking a few steps, homeowners will be able to save while also getting a lower mortgage rate and having a lower monthly payment.
It’s a win, win, win situation…unless you’re a bank!