HARP 2.0 is a refinance option for homeowners that are "underwater," meaning they owe more on their home than their home is worth.
In order to be eligible for the HARP 2.0 refinance program, you must meet certain criteria. Firstly, you must not have refinanced through the original HARP program. You need to be current on monthly mortgage payments with no late payments over 30 days due in a minimum of 6 months, and no more than one late payment in the previous 12 months. Your mortgage must be backed by Fannie Mae or Freddie Mac and must have been bought by either Fannie or Freddie before May 31st, 2009. Your loan to value (LTV%) must be at least 80%.
The purpose of HARP is to allow homeowners who owe a mortgage that is more than the value of their home a more affordable and stable mortgage.
HOMEPLUS CORPORATION
NMLS ID 78669
Real Estate Broker – CA DRE License #01426454
9655 Granite Ridge DriveSuite 200San Diego, CA 92123
Todd Benware
NMLS# 296558
CADRE #01204874
Branch Manager
Mortgage Loan Originator
Del Mar Branch NMLS# 2310137
1011 Camino Del Mar, Suite 236
Del Mar, California 92014
Phone: (800) 511-4080
todd@toddbenware.com
HomePlus Mortgage is not affiliated with the VA, FHA or any other government agency. This site has not been approved by any government agency.
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