Orlando HARP Refinance

apply-now-todayWith the depleting of home values that took place after the crash of the financial markets, many homeowners found their mortgages underwater compared to current appraised values. With interest rates so low, and the federal government trying to stimulate the economy, comes the birth of HARP.

What is an Orlando HARP Refinance Loan?

HARP is a Home Affordable Refinance Program that is offered by Freddie Mac and Fannie Mae for those home owners that are unable to get traditional refinancing even though they are on time with their entire monthly mortgage payments.

Eligibility Criteria for Orlando HARP Refinance Mortgages

Hence, a major eligibility criteria for HARP is to have a history of perfect and punctual mortgage payments along with the fact that if the value of the house has decreased more than the loan amount, you can apply for Orlando HARP Refinance.

Mortgages which are eligible for HARP refinancing also need to be sold to Fannie Mae or Freddie Mac before May 31, 2009.

How to Apply for an Orlando HARP Refinance?

Refinancing through HARP allows borrowers to obtain a more stable and affordable mortgage rate. However, in order to apply for HARP, you need to discuss this option with your mortgage provider to determine whether he is participating in the Orlando HARP Refinance program.

If your mortgage is owned or guaranteed by Fannie Mae or Freddie Mac, you can apply for HARP quite easily. All you need to do is to compare rates of various companies to determine which one is offering you the best terms for refinancing.

Once you have decided the company, check the criteria required to be eligible for Orlando HARP Refinance. Your money lender will be able to help you out with this process to ensure that you are indeed entitled to the refinancing.

If you require information on HARP or if you require a money lender that can help you in applying for an Orlando HARP Refinance, contact the First Nationwide Lending Inc., where we can help you in dealing with all your queries regarding home mortgages. You can contact us at (877) 442-4023 to talk to our helpful personnel about the HARP Refinance program.

First Nationwide Lending offers a variety of mortgage programs, including, but not limited to: purchase mortgages, refinance loans, FHA loans, jumbo loans, HARP 2.0 mortgage, VA loans, USDA home loans, and reverse mortgages.

 

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

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