On October 24th of 2011, the Federal Housing Finance Authority (FHFA) annouced a key update to the already struggling Harp program, entitled HARP 2.0. It has taken a couple of months for my wholesale lenders to intrepret the laws regarding this program, and what guidelines they will have in place for you to refinance your home.
Basically, the HARP 2.0 program will now let you refinance your home loan, no matter how much upside down you may be. This will save the lenders rougly $8.5 billion in losses, and help rebound an already struggling housing market.
To see if you qualify for this program, call our office at 720-524-3215
Email me at email@example.com
For Quickest Approval, visit http://www.brianquigley.com/harprefinance