HARP Loan Refinancing
The Federal Government has issued a new program in which homeowners who owe more than their home's value can now refinance their loans. Designed to help homeowners take advantage of lower rates, this program now opens doors for those with good credit, and a good credit history to apply to refinance.
For details on Harp Loan refinancing call Paul Dolan at 425-214-1266.
The Home Affordable Refinance Program (HARP) issued by the federal government assists homeowners in refinancing their mortgages. Mortgages must be backed by Freddie Mac or Fannie Mae in order for homeowners to qualify.
In a climate where homeowners have refinanced at rock bottom rates, those with homes that have decreased in value haven't had many options for refinancing. Especially when they haven't any equity in their homes. But the HARP program creates a way for homeowners with or without equity to qualify for a home refinance when they are "upside down" on their mortgages.
Not sure if your loan is guaranteed by Freddie Mac or Fannie Mae? Contact us on 425-214-1266 and we'll check your loan for you.
Qualifying for HARP
Wondering if you qualify for the HARP program? Here are a few guidelines...
How do I apply for HARP?
Applying for HARP is as simple as contacting our mortgage office in Bellevue. We'll first ask to see your current mortgage statement to determine if your loan is backed by Freddie Mac or Fannie Mae.
Then, we'll have you fill out a loan application that will give us all of the information that we need to determine if you qualify for the loan. Refinancing through a HARP loan takes the same process as any refinance, and we'll need to pull your credit history, current income, past payment history, etc. Begin gathering tax statements and pay stubs for the process.
As loan specialists who perform HARP loans, we'll walk you through each step of the process.
WASHINGTON - LeaderOne Financial Corporation. Licensed by the Washington Department of Financial Institutions, License # CL-12007.
OREGON - Licensed under the Oregon Consumer Finance Act, License # ML-5075.
CALIFORNIA - Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. License# 4131276.
Corporate Headquarters: 11020 King Street, Suite 390; Overland Park, KS 66210, NMLS ID #12007 http://www.nmlsconsumeraccess.