What Are The Benefits Of The New HARP 2.0 - E Loans Mortgage Florida

by www-peoplestrustrealestate-com

What is a HARP 2.0 Loan?

HARP 2.0 Is A Refinance Program That Allows The Refinancing Of Homes Where The Mortgage Balance Exceeds The Value Of The Property.

E Loans Mortgage In Spring Hill FL is offering the HARP.20 Refinance Program in addition to our other Mortgage Products.

What Are The Requirements Of HARP 2.0?

The Loan Must Be Owned By Either FANNIE MAE Or FREDDIE MAC

The Loan Must Have Been Closed Before May 31^st Of 2009

What Are The Benefits Of HARP 2.0?

Loan To Values For Lending Purposes Can Go Up As High As 125%. In Other Words, You Can Be Up To 25% Negative In Equity And Still Qualify For A Refinance

Low Rates! The Maximum Loan Level Pricing Adjustments Are Only .75%. That Means Its Realistic To Achieve Today’s Very Low Interest Rates Which Nationally Are Averaging Below 4% For A 30 year Fixed Term. There is No Loan Level Pricing Adjustments On 10, 15, and 20 Year Terms

Condominiums Are Eligible! Condo’s Can Be Refinanced Under HARP 2.0 Up To 125% LTV

Property Inspection Waivers Are Available In Many Cases. This Means An Appraisal May Not Be Required At All!

For More Information About HARP 2.0 Or Other Mortgage Products Contact Us Today:

Steve Fingerman