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.comJan 29th 2013
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
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
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 AlfonsoJan 29th 2013
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