HARP 2.0

How HARP Loan Works

The Home Affordable Refinance Program (HARP) is a federal program of the United States, set up by the Federal Housing Finance Agency in March 2009, to help underwater and near-underwater homeowners refinance their mortgages. This program benefits homeowners whose mortgage payments are current, but who cannot refinance due to dropping home prices in the wake of the U.S. housing market correction.

Home Sinking in Water

Program Highlights


  • Borrowers may not need a new appraisal
  • If a new appraisal is needed – there are no Loan to Value limitations!
    (This is a huge change from before- many loans were declined due to a low market value & this wouldn’t be the case anymore)
  • If you didn’t have mortgage insurance before – you will not have it now regardless of your loan to value
  • If you did have mortgage insurance before – it will transfer to your new loan

Apply Today!