There has been a lot of speculation that President Obama will include a new mortgage assistance program as part of his speech this evening. We get this from a recent MarketWatch article: President Barack Obama may suggest. President Obama opens his Western swing today by promoting. Obama promotes new rules for home financing. Http:// Facing a Foreclosure? Need Cash to pay Bills? To get started, please follow this link: http:// or http:// foreclosure. Two big questions loom over the Obama administration's latest bid to help troubled homeowners. Obama's new mortgage refinance plan: Questions and answers. The Home Affordable Refinance Program. Obama new underwater refinance program. Will This HARP Carry A Tune? Obama Revamps Underwater Refinance Program. Obama Approves Enhancements to Mortgage Refinance. Obama also signed legislation designed to crack down on mortgage fraud by expanding the Justice Department's authority to. HARP 2.0: Get HARP 2.0 Refinance Program Loan Rates through FreeRateUpdate.com - loans Detail - Duration: 2:09. Credit Loans 369 views. New HARP 2.0 Obama Government Refinance – Guidelines Released. The program starts on December 1st, 2011 and goes till December 31st. The White House President Barack Obama. Contact Us; Get Email Updates; Main Menu. The new program is anticipated to help 1 million additional homeowners. The HARP program can help to refinance your homes to lower mortgage. 2011, President Obama by executive order implemented changes to the Home.New HARP 2. 0 Obama Government Refinance - Guidelines Released. Guidelines Released for California New HARP 2 – Obama Government Refinance. Get a HARP Rate Quote Now. Fannie Mae and Freddie Mac today released the guidelines for the new expanded Home Affordable Refinance Program (HARP), also called Obama Government Refinance program. Here’s 8 things you need to know: The program starts on December 1st, 2. December 3. 1st, 2. The loan must be currently owned/serviced by Fannie Mae or Freddie Mac. Go here to find if your loan qualifies. The loan must have closed before June 2. The program allows for unlimited LTV (Loan to Value Ratio). What that means is that it does not matter how much underwater you are on your mortgage, you may still qualify. This applies to loans with fixed rate mortgages with terms up to 3. You can not have any late mortgage payments in last 6 months and no more than 1 late payment between 7- 1. You must receive a benefit in form of reduced mortgage payment or a more stable loan product like moving from ARM to a Fixed rate mortgage. Property currently listed for sale are eligible for the new HARP. You do not need to use your current servicer and can use any lender that offers this program which includes us. Disclaimer – These are the official Fannie Mae/Freddie Mac guidelines. The lenders may have their own guidelines, called “overlays” where they may not allow some of the provisions of these guidelines. Contact us at 4. 08. Info@Arcus. Lending. And should you qualify we can offer a no closing cost loan option with industry leading customer service.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
December 2016
Categories |