The Buzzz is growing for the "Home Affordable Refinance Program" revisions, referred to as HARP 2.0.
Well HARP 2 is finally coming Spring of 2012!
Here is what you need to know --
• Is your home owned by Fannie Mae or Freddie Mac --Check out the Fannie Mae Freddie Mac Loan Look up or in California email me your address and we will check it out for you. info@garrick.biz
• Was your current loan closed BEFORE May 31, 2009? To be HARP 2 eligible, that is the cutoff date.
• Is your mortgage current for the past 12 months?
In most cases an appraisal will not be required for this refinance. However, this is NOT a streamline refinance -- loans still must qualify based on current lending guidelines.
Great fun video! I hope this program will help a lot of people. I wrote an article on it too.
jmwheels 3 weeks ago