Thinking About Refinancing?
There are many scenarios and every home owner is unique. Fannie Mae and Freddie Mac are extending one of the most successful federal programs enacted in response the mortgage crisis into next year, even as the pool of borrowers who could benefit from it shrink. The HARP or Home Affordable Refinance Program is being extended through September 2017. This program has been powerful in helping people who housing equity or income not qualify to lower their interest rate and payments.
You may not qualify for a HARP but have the ability to refinance through a traditional program to lower your payment or pull some cash if you desire.
- FHA or VA Steam line without income qualifying
- Refinance out of Mortgage Insurance Premium
- Lower rate and payment
- Shorten term
- Get some cash out
- Home Affordable Refinance Program