Miramar HARP Refinance


Let’s say you’ve never been late with your home loan installments but for some reason there isn’t anyone who is interested to refinance your home because of its depletion of value? Well, there are ways to refinance mortgage your property easier and more effective than ever before. Meet HARP, otherwise known as the Home Affordable Refinance Program. So now you ask what exactly is a Miramar HARP refinance mortgage?

What is HARP’s Purpose

Created back in March of 2009, Miramar HARP refinance hopes to be able to provide refinancing to property owners which owned homes that decrease in value. The purpose of this was to prevent the United States of America’s housing bubble of 2006. However this program was implemented exclusively for property owners who are not behind their home loan installments, but instead have been effectively paying their home loan down.


Same as other government program, Miramar HARP refinance loans has a lot of basic requirements. Take a look at some:

Only mortgages secured by FNMA or Freddie Mac can be refinanced.
Mortgage Loans are required to be applied for and acquired before May 31, 2009.
Home owners can not have defaulted on any home loan payments, for the 6 months prior to requesting a Miramar HARP refinance.
The loan-to-value ratio must exceed 80%

There has to be some type benefit to the homeowner in regards to their mortgage payments or stability in mortgage.

Who benefits from HARP?

The Miramar HARP refinance has many measurable benefits. For example, if you still have a $150,000 mortgage balance on a now $120,000 property, you can have your home loan remortgaged. As such, you pay the Miramar mortgage faster than before. Furthermore, the monthly mortgage payments you apply will likely be smaller than before.

If your place of residence has gone down in value and you want to do a refinance, then Miramar HARP mortgage loans is for you. If you would like to have further information, or would like to speak to an expert about Miramar HARP refinances, 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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