HappySeniorHomeOwners Blog

HARP2 Home Afordable Refinance Program, Great Help for some "underwater" property owners!

February 17th, 2012 8:53 PM by Juan Luis Rodriguez-Kohly

H.A.R.P. 2 Program

"Home Affordable Refinance Program"  HARP2

The Federal Government will release in March 2012 the Guidelines by which Lenders will be able to do this new Refinance Program for Florida Property Owners who owe more than what their property is worth.

It is expected to be for a principal Residence, a 2nd Home or an Investment property.

This will be limited to Fannie Mae and Freddie Mac loans and it will be voluntary for your Lender to participate. In other words, it might not be offered to you by your Lender. You may apply with a Lender like Banking Mortgage Services Corp.

Get ahead of the crowds! The 1st required step is to determine if your loan is Fannie Mae & Freddie Mac. The 2nd step is to determine if your Loan-to-Value ratio is within certain acceptable range. I can do this research without any cost or obligation to you, and notify you as soon as HARP2 Guidelines are published.

(Florida Property Owners Only)

For the Fannie Mae and Freddie Mac Search Please Click here: http://RodKohlyMortgages.com/HARP2SearchForm

Your comments will be appreciated. Post here or send them to RodKohly@Gmail.com   *   For most answers call me at 786-262-6486  or visit http://www.RodKohlyMortgages.com  
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Posted by Juan Luis Rodriguez-Kohly on February 17th, 2012 8:53 PM


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