Brooksville HARP Refinance

apply-now-today Let’s say you have always been on time with your home loan installments but for some reason nobody is interested to refinance your home because of its declined value? Luckily, there is a way to refinance mortgage your property faster and more effective than previously available. Meet HARP, aka the Home Affordable Refinance Program. So now you ask what exactly is a Brooksville HARP refinance loan?

The Purpose of HARP

Created back in March 2009, Brooksville HARP refinance hopes to be able to provide refinancing to home owners which owned homes that decrease in value. This was primarily created to minimize the United States housing bubble of 2006. This program however was designed exclusively for home owners who are current on their home loan installments, but rather have been making timely payments towards paying their home loan off.


Same as other government program, Brooksville HARP has a lot of basic requirements. Here is a closer look at some: Only home loans secured by FNMA or Freddie Mac can be refinanced. Mortgages must have been applied for and acquired before May 31, 2009. Home owners can’t have defaulted on any mortgage loan payments, 6 months prior applying for Brooksville HARP refinance. The LTV ratio must be in excess of 80% In order to qualify there has to be some type benefit to the homeowner in regards to their home loan payments or stability in mortgage.

How do homewoners benefit from HARP?

The Brooksville HARP refinance mortgage has many measurable benefits. For example, if you currently have a $150,000 home loan balance on a now $120,000 property, you can have your home loan remortgaged. In doing so, you pay off the Brooksville home loan quicker than before. Also, the monthly mortgage payments you make will likely be much smaller than before. If your place of residence has gone down in property value and you would like to refinance your mortgage, then Brooksville HARP refinance mortgage is for you. If you are in need of further information, or if you would like to speak to an expert about Brooksville HARP mortgage loans, feel free to call us on (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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