Home Loans Arizona - California - Nevada - Utah

I Owe More on my Loan Than What the House is Worth, what Options are Available?

Your Options for your California Property is the HARP Refinance Home Loan Program. Making Home Affordable Refinance Program known as HARP, can assist home owners who's Note is owned by Fannie Mae or Freddie Mac prior to May 31st 2009.

You may be eligible for HARP if you meet all of the following criteria:

The Note must be owned or guaranteed by Freddie Mac or Fannie Mae.
The Note must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009.
The mortgage cannot have been refinanced under the HARP program previously unless it is a Fannie Mae loan that was refinanced under HARP from March-May, 2009.
The current loan-to-value (LTV) ratio must be greater than 80%.
The borrower must be current on the mortgage at the time of the refinance, with a good payment history in the past 12 months.

The HARP program is set to expire on December 31st 2015, explore this option before it is to late. Does not hurt to have a conversation about this program and if you are unsure if your mortgage is owned by Fannie Mae or Freddie Mac, call me and I will check for you.

I will need the individual's name who is the primary note holder, complete address of the subject property and the last 4 digits of the social security number of the primary note signer. If you are eligibility to refinance lets move forward on this rate and term refinance home loan.

The benefits the HARP program has to offer is:

Can shorten the term of the loan to a 15 or 20 fix term
Take an existing adjustable rate and turn into a fix rate
If you owe more than what the home is worth, un-limited loan to value
No monthly mortgage insurance
No appraisal required
Allows for higher qualifying debt to income ratios

Do not delay, call or text me right away at 909-503-5600 and lets get started by discussing your goal with a refinance home loan under the HARP Home Loan Program in California (Making Home Affordable Refinance Program). Click HERE to contact me.

By Nathan Rufty

Posted in:HARP Refinance and tagged: HARP Refinance with Fannie Mae

Posted by Nathan Rufty on May 3rd, 2015 4:59 PM

How Can I Refinance my California House with no Equity?

The HARP Home Loan Program Can Help You Refinance Your California House Without Having Equity With Fannie Mae or Freddie Mac's Refinance HARP Loan Program.

HARP Refinance Home Loan Program

If your current Note on your home in California is owned by Fannie Mae or Freddie Mac prior to May 31st 2009, you can refinance your existing home loan into a lower fix rate even without an appraisal being performed on your property, that will save you the fee for the appraisal report.

This is a rate and term only refinance, no cash out is allowed. Even if the loan is on an investment property, you still can qualify for the program, other factors will play a roll in qualify for the HARP home loan program, such as income, reserves, credit scores and debt to income ratio. Before you think you do not qualify for this loan, think again. I just recently closed a HARP loan on a homeowner with no appraisal, middle credit score of a 680 and debt to income ratio at 63%.

That is the power of the HARP home loan program in Southern California, so if you are unsure if your property is owned by Fannie Mae or Freddie Mac, simple click on the link HERE, complete your name, address of the subject property and the last 4 of your social security number, need this information to add into Fannie Mae or Freddie Mac's site so it will cross reference your information to see if one of those GSEs owns your note.

If you wish to look this information yourself click on the links Fannie Mae and Freddie Mac, it will ask you for the same items. The HARP Refinance Home Loan Program is set to expire on December 31st 2015, do not wait to explore your options with a program like this. Rate are still low and with a program like this that doe snot require an appraisal, saving you time and month. You can also skip up to 2 mortgage payments saving you even more money.

Do not delay, I welcome the opportunity to speak with you about the HARP loan program in California. Call to text me directly at 909-503-5600 to see how you can start saving and lock you into a low fix rate or email HERE, I look forward in hearing from you.

By Nathan Rufty

Posted in:HARP Refinance and tagged: HARP Refinance with Fannie Mae or Freddie Mac

Posted by Nathan Rufty on March 15th, 2015 9:12 AM

Home Loans Arizona - California - Nevada - Utah

I Owe More on my Loan Than What the House is Worth, what Options are Available?

How Can I Refinance my California House with no Equity?

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