If your mortgage is making your financial life more difficult than you expected, you can get assistance through a program called HARP (Home Affordable Refinance Program). HARP eligibility is easy to determine as there are several factors that can affect whether or not you can get help with your mortgage. If you want to lower your payments and are a responsible homeowner, there are several things that you can do to help with determining your eligibility for this program.

Refinance Today and Save!

 

How Can HARP Help You?

The HARP website is an excellent resource to help with obtaining information about what you need to do to get started down the path to financial relief. The basic qualifications are that you be caught up on your home payments with no late charges on your credit in the last six months, that your home meet certain residency requirements such as it being your primary residence, secondary residence or a business residence, your loan must be through the Freddie Mac or Fannie Mae loan programs, you have to have gotten your loan before May 21, 2009, and your LTV ratio must be more than 80%. These are fairly common factors in people who have purchased a home and are fairly easy to meet and prove. If you aren’t sure who owns your loans, you can use handy tools on the HARP website to look up your loan originator. This page is designed to help homeowners as much as possible. Even if you have applied for HARP before and have been denied, the many changes that have been made to the program in the last few years have made it much easier to get approved, so it is worth it to try again. Refinance Today and Save!

Government Housing Assistance

 

In order to get HARP started, it is necessary to fill out and turn in an application. After that, you have to get the application approved, and then go through a closing process, similar to the one that happens when you close on a house initially. After gathering your financial documents and information, a call to your mortgage company is necessary. If they are a participant in the HARP program, they should have all of your information on hand, so the process is easy to go through in most cases. If your loan company doesn’t accept HARP, it may be time to consider switching companies so that your options are made more abundant. Most lenders are more than willing to keep your account in good standing in any way that they can, so the application and closing processes for the HARP program are often expedited with most lenders. Refinance Today and Save!

 

For most people who owe more than their home’s worth in mortgage payments, it is a huge benefit to refinance and to get lower payments every month. Though it seems daunting, there are ways to make the process easier, such as being prepared before even making the initial call to your lender or your mortgage company, making sure you are with a company that takes the HARP program, and by being assertive. If you aren’t approved the first time, try again. You an always get a second opinion on your finances, especially when it is in your best interest to do so.

Have you tried A FHA Loan?

 

The HARP website contains many resources to help get the process started. For instance, there is an eligibility determining tool, which can knock out a great deal of groundwork beforehand. Harp.gov also has a LTV calculator and a link to a page that can help determine what your new rate for your payments will be. There are useful tools that can help with contacting your lenders and with making sure that you are not getting lured into a scam by an outside company that might not be quite as reputable. Many companies try to charge fees or make you make payments through their site rather than through an actual mortgage company, and that is fraudulent, so be careful. If your mortgage company does not authorize an action regarding your financial assets, do not do it. The HARP program is there to help you and to make life easier where an otherwise overwhelming monthly payment stands in the way of your ability to enjoy life. follow these guidelines, use the website and its tools, and take your financial freedom back.

 

Examine Failures and Find Inspiration
How to Examine Failures and Use it as Inspiration Sometimes, when we fail, it can feel like the end of the world. None of us like to be told that we are doing something wrong. None of us like to experience setbacks in our plans. It can make us question our self-worth,...
Applying and Making Phone Calls to Potential Employers
Applying and Making Phone Calls to Potential Employers Applying to Places Not Hiring: A Wise Move or Not? Are you in desperate need of a job? If you are currently unemployed or if you truly think that your current job is making you “crazy,” you may be due for a new...
Financial Aid: Grants for Women
 Thanks to thousands of grants, women who want to go back to college and earn a degree can do so without worrying about large tuition fees. Grants for women are available for single moms, minority women, and women that are going in to specific fields of...
The Facts You Need to Know About Payday Cash Advances
If you need money, it can feel as if there is no one to help you. It may feel like you're up a creek without a paddle. Luckily, you can get payday cash advances to help you out. Research all companies that you are considering. Find a lender that fits you...
Positive Thinking Can Change Your Life
Positive Thinking Can Change Your Life Enthusiasm Is Positive Energy “No pessimist ever discovered the secret of the stars, or sailed to an uncharted land, or opened a new doorway for the human spirit.” - Helen Keller Enthusiasm is the sunshine of your mind’s garden....
Best Credit Cards for Questionable Credit
Life does not always work out as planned. Sometimes, a gap in employment leads to a few missed payments, and eviction, or a repossessed vehicle. These things happen to most people. In order build credit back up, a credit card may help. Making regular...
Readership Programs for Children
Readership Programs for Children The summer break may not always be beneficial to children. Studies show that children lose an average of one month of learning during the time off between school years. One way to counter this is to engross them in activities that...
Unsecured Personal Loans
Unsecured Personal Loans are those that do not have any collateral attached to them. This type of loan is often easy to get, but know in advance you will be paying a higher interest rate on the loan.This is because there is a great risk of non-payment due...
Step By Step Guide To Debt Repair & Rebuilding Credit
Step By Step Guide To Debt Repair & Rebuilding Credit A severe debt situation is a huge financial misfortune that can ruin your ideal credit scores. If you are bothered by this excruciating condition, never worry. You are not alone in this regard. During the...
How To Get A Work-From-Home Job and Earn $275 Per Day
How To Get A Work-From-Home Job & Earn $275 Per Day There are many advantages to working from home. There's no expensive and time-consuming commute, for example, and it's also possible to work from home while juggling other responsibilities. However, while many...
The Best Self Help Gurus
In the world today, it is easy to come across scammers looking to take advantage of people in their weakest moments. The realm of self-help is no different. In fact, it can be much worse. Self-help scammers apply abstract concepts so that unsuspecting people will fork...
Penny Pinching Groceries Plus Earning While Shopping
Penny Pinching your way into savings and earning! If you feel like you are wasting money on groceries then you're not alone. The average American spends around $160 per week at the supermarket. What if I told you that number can be easily cut in half by penny pinching...
Free Cell Phones: Avoid The Trap
Cell phones are becoming very sophisticated with the advancement in the technology. Today the cell phones come with lot of mind-boggling kinds of features on them. Due to the increasing competition between the handset manufacturers and the service providers, lots of...
Government Assistance for Unemployment
Government Assistance for Unemployment Sometimes, life does not go as smoothly as planned. Fluctuations in the economy lead to periodic lay-offs. Sometimes, a company fails and workers find themselves out of work. Often, an employee and employer simply part ways after...
Health Insurance Coverage Changes | ACHA
Healthcare reform tends to be tricky and complex as it attempts to find a common ground that is beneficial for all people. Burdened by the political firestorms that surround it, the new healthcare bill approved by the House of Representatives will...
Social Security Disability Benefits
Sometimes in life, events occur that prevent people from working in order to make a living. Accidents occur and illness strikes at the most inopportune moments. The Social Security Administration may be able to help. They provide disability benefits to...
Natural Healing Options for Arthritis
Arthritis comes in various forms, but it's always painful. The typical medical approach is to take some sort of pain medication (usually non-steroidal anti-inflammatory drugs, or NASDs) that might result in various side effects, such as stomach pain. Thankfully, there...
Easy Formula for Grant Applications
When you look forward to apply for a government grant, you will need to do a lot of research and make elaborate preparations. To give a kick start to your grant seeking process, fist you must understand the different types of grants available. You will...
Find The Best Section 8 Homes & Rentals
Find The Best Section 8 Homes & Rentals Are you feeling a little frustrated searching for Section 8 homes and rental property? Below is a list of multiple Section 8 housing resources. These are not in any particular order. These are just eight very good resources...
Car Shopping and Ways To Pay for It
A franchised new car dealership is a reliable, if not the only, source for anyone who wants to buy a new car.  But to those who prefer buying used or previously owned cars, there are plenty of options and sources one could choose from to be able to make...

Subscribe

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Family Picnic

Enter Your Email to Receive New Assistance Updates

Due to the overwhelming response, please enter your name and email to ensure proper results.

Thank You! You will now receive the latest assistance updates!

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Pin It on Pinterest

Share This