Bonita Springs HARP Refinance

apply-now-today So you have always been great with your mortgage payments but for some reason there isn’t anyone who wants to refinance your home because of its reduction of value? Well, there is a way to take out a refinance mortgage on your home faster and better than ever before. Welcome HARP, otherwise known as the Home Affordable Refinance Program. So what exactly is a Bonita Springs HARP refinance mortgage loan?

Purpose of Bonita Springs HARP Refinance

Created in March 2009, Bonita Springs HARP refinance aims to provide refinancing to property owners whose home dropped in value. The purpose of this was to minimize the U.S. housing bubble of 2006. This program however was implemented solely for property owners who are current on their mortgage payments, but instead have been making timely payments towards paying their home loan down.


Similar to any other government program, Bonita Springs HARP refinance loans has many requirements. Here is a closer look at some: Only mortgages guaranteed by either FNMA or Freddie Mac can be refinanced. Mortgage Loans are required to be applied for and acquired before May 31, 2009. Property owners must not have been delinquent on any loan payments, 6 months prior applying for Bonita Springs HARP refinance mortgage. The loan-to-value ratio must exceed 80% In order to qualify there must be some benefit to the property owner in terms of their mortgage payments or stability in mortgage.

How do homewoners benefit from HARP?

The Bonita Springs HARP refinance mortgage has many measurable benefits. One example would be, if you still have a $150,000 home loan balance on a now $120,000 home, you could have your home loan remortgaged. In doing so, you pay down the Bonita Springs mortgage quicker than before. In addition, the monthly loan payments you apply will likely be much smaller than you are currently paying. If your home has gone down in property value and you would like to do a refinance, then Bonita Springs HARP home loans is for you. If you are in need of further information, or would like to contact an expert about Bonita Springs HARP mortgages, please call us at (877) 442-4023 or fill out our rate quote form.


Contact Us


1990 Main Street, Suite 750
Sarasota, FL 34236
Phone: (941) 256-3729
Toll Free: (877) 442-4023

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