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harp investment

by andr mart from Lawrenceville, Georgia. Jan 29th 2013 Reply


William J Acres (William_Acres)
#1 ranked lender in Arizona - 4,753 contributions

You can do a HARP refinance on an investment property, and based on the guidelines, it should be unlimited; however lender overlays will restrict what the maximum allowable Loan to Value can be. If you want to know for sure, you should contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Jan 29th 2013
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Team Best Mortgage Option (TeamBestMortgageOptionAtAmbassadorFundingLLC)
#31 ranked lender in New York - 1,959 contributions

If your asking can you do a Harp on an Investment property the answer is yes.Look up your property on https://www.knowyouroptions.com/loanlookup if it's not there try https://ww3.freddiemac.com/corporate/.These will tell you if our home is owned by either Fannie or Freddie. Your loan will have had to be purchased by one of them prior to May 31st 2009 to be eligible.

Jan 29th 2013
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Linda Miller (Linda Miller)
#1 ranked lender in Utah - 432 contributions

Yes, you can do a HARP loan on an investment property if your existing loan qualifies. As mentioned in one of the other answers, look up your property address on the Fannie or Freddie sites. Also you should contact a Lender 411 mortgage professionals to go over your specific situation. Good luck.

Jan 29th 2013
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Briggs Cline (bcline_154_679)
#2 ranked lender in Georgia - 42 contributions

HARP on investment is OK. Is current loan HARP eligible? Fannie? or Freddie? Happy to help walk you thru the process. Briggs Cline. Buckhead Home Loans. www.buckheadhomeloans.com. 404-303-7411

Jan 29th 2013
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Briggs Cline (bcline_154_679)
#2 ranked lender in Georgia - 42 contributions

HARP for investment is OK. Assuming current loan is HARP eligible? Fannie? or Freddie? Happy to walk you thru the details.Briggs Cline. Buckhead Home Loans. 404-303-7411. www.buckheadhomeloans.com

Jan 29th 2013
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Andrew Alfonso (CashCow)
#1 ranked lender in Florida - 266 contributions

You can do a HARP loan on an investment property if your existing loan qualifies!! As mentioned in one of the other answers, look up your property address on the Fannie or Freddie sites. Also you should contact a Lender 411 mortgage professionals to go over your specific situation. Andrew Alfonso

Jan 29th 2013
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Steve Azarch (sazarch)
#17 ranked lender in Tennessee - 93 contributions

Yes, you can do a Harp refinance loan on investment property.

Jan 29th 2013
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Joe Shamie (Joe Shamie)
#1 ranked lender in New Jersey - 1,401 contributions

Yes. You can exceed the normal Ltv restriction on 75% on an investment property if the property qualifies for HARP

Jan 29th 2013
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 2,430 contributions

Not much to go on, but YES - an investment property qualifies for a HARP refinance. www.HARP-Refinance-MN.com

Jan 29th 2013
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Jerry Potter (JerryPotter)
#86 ranked lender in Washington - 33 contributions

Not widely known, but yes an investment prop is eligible under HARP, provided it meets the cutoff date. Don't wait, do it now. Might even want to consider a lower term with the record low rates available.Happy Refi,~ Jerry P.

Jan 29th 2013
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Barb Lanis (BarbLanis)
#4 ranked lender in Illinois - 570 contributions

No problem on investment properties under HARP 2.0. We do many of these and follow Fannie/Freddie guidelines to the letter. No maximum LTV. If you would like more information, please don't hesitate to ask.

Jan 29th 2013
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