Tag Archives: Home Affordable Refinance Program (HARP)

Modified Home Affordable Refinance Program (HARP)

Potential Impacts of Modified Home Affordable Refinance Program (HARP) Announced by the President    Requires borrower to be current on their loan payments—no other requirements Makes no difference how far underwater their home is Will eliminate appraisals and extensive underwriting requirements for most borrowers FHA, Fannie Mae and Freddie Mac have agreed to eliminate some fees …Read more