Might you be eligible?
See if you meet these basic eligibility requirements:
You are current on your
mortgage, with no 30-day+ late payments in the last six months and no more than one in the past 12 months
Your home is your primary residence, a
1-unit second home or a
1- to 4-unit investment
Your loan is owned by Freddie Mac or Fannie
Mae. You can use the Loan Look-up Tools below if you are unsure.
Your loan was originated on or before May 31, 2009. By
using the loan look-up tools below, this date will be made available to you.
Your current loan-to-value (LTV) ratio must be greater than
Is your mortgage owned by Fannie Mae or
Use their online tools to quickly find out, or call them toll-free:
Loan Look-up Tool:
Call: 800-7FANNIE (8 am to 8 pm ET)
Loan Look-up Tool:
Call: 800-FREDDIE (8 am to 8 pm ET)
Note: Be sure and check your
address on both the Fannie Mae and Freddie Mac look-up tool. If your address does not appear in the look-up tool of either site, your loan is not owned by Fannie Mae or Freddie Mac and you are not
eligible for the program.
Turned down before? Now’s the time to try again.
HARP has been significantly enhanced since it launched in 2009. The program now requires less documentation and has simpler guidelines, all designed to approve more loans.
Follow these 3 basic steps.
If you qualify to refinance your mortgage through HARP, you’ll go through an application, approval and
closing process (similar to when you got your original mortgage). AS A HARP lender, we will work with you through every step, and will help determine if HARP meets your specific needs. Outlined below
are the steps to get started.
Gather your financial
Make sure you have your basic financial and loan information on hand when you call your mortgage company.
Your mortgage statements, including information on a second mortgage (if applicable); and
Your income details (paystub or income tax return).
We will need you to provide the information necessary to verify your current source of your income.
Did someone say
If a lender says you are not eligible for HARP, ask for specific reasons why. If you have good reason to
believe you are eligible, ask to speak to the HARP specialist, Clark Harvey. It never hurts to get a second opinion.
Go through the application,
approval and closing process.
If we determine that you do qualify for HARP, we will guide you through the application, approval and