Credit and lending guidelines have expanded to assist borrowers with lower interest rates and significant monthly savings with NO out of pocket closing costs!
If you are behind on your payments or have been unable to get traditional refinancing, you may be eligible through the HARP Program. This program is designed to help you get a new and more stable, affordable mortgage with a lower rate. Your monthly payments can easily be reduced by hundreds of dollars based on a single percentage point of your home loan rate.
Veterans Mortgage of AmericaTM is here to help! We are an approved lender with the Department of Veteran’s Affairs and an “A” rating from the Better Business Bureau. We offer a number of lending options and utilize our knowledge and experience with loan programs to save our customers money every day. Join the many satisfied customers that we have had the privilege of helping to lower their rates and bring down monthly bills.
Get Started NOW
There is absolutely no reason to wait. Mortgage rates fluctuate and opportunity can close quickly. Making an adjustment of a few percentage points can vastly alter your monthly mortgage payment. Hesitation can cost you hundreds of dollars every month.
If your mortgage is owned or guaranteed by Fannie Mae or Freddie Mac, then you can be on your way today to a more secure financial future.
Reach Us Toll Free: 1-407-752-9367
What Is HARP and how does HARP Refinancing Work?
HARP mortgage refinancing is a new program that was developed to help home owners find affordable options who otherwise didn’t qualify for a lower rate. HARP refinance loans require a loan application and underwriting process, and refinance fees will apply. Additionally, these criteria must be met:
- The mortgage must be owned or guaranteed by Freddie Mac or Fannie Mae.
- The mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009.
- The mortgage cannot have been refinanced under HARP previously unless it is a Fannie Mae loan that was refinanced under HARP from March-May, 2009.
- The current loan-to-value (LTV) ratio must be greater than 80%.
- The borrower must be current on the mortgage at the time of the refinance, with a good payment history in the past 12 months.
HARP Tools – Check The Availability of Your Home
If your loan is owned by Freddie Mac, you may check your potential eligibility for HARP here.
If your loan is owned by Fannie Mae, you may check your potential eligibility for HARP here.
