California HARP Lender: 888-409-4881
While the criteria to be eligible for HARP is fairly simple and easy to understand, everyone has a unique scenario that may or may not make it through underwriting.
The good news is that the HARP guidelines for getting your Irvine refinance approved through Freddie Mac and Fannie Mae have been made more flexible with the recent HARP 2.0 updates.
The program details and individual bank “overlays” tend to change daily, so it’s best to call us at 888-409-4881 with specific questions, or simply complete a quick pre-application to get the process started.
The purpose of updating the Home Affordable Refinance Program was to cut red tape, lower fees and give more underwater homeowners the ability to refinance into a lower interest rate.
For your reference, we have linked to the Fannie Mae and Freddie Mac HARP Guidelines below:
Please do not get overwhelmed. Our job as mortgage professionals is to read these updates as soon as they come out and spend hours in meetings with underwriters and banking administrators gaining a better understanding about how these rules impact our clients.
CLICK HERE to submit a contact request online and we will have one licensed California HARP Approval Network member connect with you asap. You can also feel free to Call us directly @ 888-409-4881 for any questions about HARP loans.