On Thursday April 11th, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program (San Diego HARP 2.0) by two years to December 31, 2015. “More than 2 million homeowners have refinanced through HARP, proving it a useful tool for reducing risk,” said FHFA Acting Director […]
HARP 2.0
The San Diego HARP 2.0 Refinance Program is still going strong. Although San Diego Mortgage Rates have crept up lately, if you are considering a HARP 2.0 refinance, the rate you can get today will still be far superior to your current rate from 2009. I am currently helping 2 sisters who bought a rental […]
As a San Diego Mortgage Broker specializing in the HARP 2.0 Program, I have helped many owners of rental properties refinance and take advantage of the current historic low interest rates. That’s right, the San Diego HARP 2.0 Refinance program, which allows homeowners to refinance when they owe more on their mortgage than their house is […]
It has now been a few weeks since the introduction of the HARP 2.0 program in San Diego, which allows homeowners who are upside down with their mortgage be able to refinance up to an unlimited Loan to Value if Fannie Mae or Freddie Mac own their loan. In just the short time before the […]
The new San Diego Home Affordable Refinance Program will be available starting March 19, 2012 to San Diego Mortgage Brokers and Bankers. Guidelines for the new HARP program will not have the 125% Loan to Value cap it currently has for fixed-rate San Diego Refinances owned by Fannie Mae and Freddie Mac. The San Diego HARP Program […]
A few weeks ago I wrote a post about the new guidelines that were announced for the Home Affordable Refinance Program (HARP) in San Diego. The new HARP program will not have the 125% Loan to Value cap it had for San Diego Refinances on fixed-rate mortgages owned by Fannie Mae and Freddie Mac. These changes […]
It was just announced today that the San Diego Home Affordable Refinance Program (HARP) would be restructured in a way that will have a great benefit on San Diego Mortgage Refinances. The San Diego HARP program will no longer have the 125% Loan to Value ceiling it had for Refinances on fixed-rate mortgages backed by Fannie […]
In my last post I discussed the San Diego HARP refinance program and a recent success story on a San Diego refinance. In that post, I mentioned that I would talk about an option that allows us to offer a refinance loan on a first mortgage up to 125% Loan to Value (LTV). This program is […]
As a San Diego Mortgage Broker and Banker, I have completed numerous refinances over the last few years using the government sponsored San Diego HARP program up to 105% LTV. The San Diego Harp Program is offered on Fannie Mae and Freddie Mac owned loans and was designed to help borrowers who lost equity over the […]