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Can i still get a HARP loan if my current mortgage in not with Fanny Mae or Freddie Mac

by ronmar_668_205 from Brookline, Massachusetts. Nov 19th 2012 Reply


William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,722 contributions

No... since the HARP program is only for Fannie/Freddie loans... you may be eligible for other types of refinance programs though, but it really depends on which type of loan product you have now.. FHA, VA, USDA all have refinance products without appraisals, so it's possible if you have one of these loan's already, you might be able to refi.. also, there's talk about HARP 3.0 which is supposed to help all those who have not been able to take advantage of all the different refi products out there currently... don't hold your breath, but it's possible we will see something in the months to come.. stay tuned... 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

Nov 19th 2012
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Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 1,823 contributions

HARP was designed exclusively for Fannie Mae and Freddie Mac loans only. Unless your loan is owned by them, it is not eligible for HARP. FHA, VA and USDA each have a loan program similar to HARP. If your loan is not any of the above, your only hope at the present is to try and negotiate with your current lender. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ Licensed in California and Arizona ~ NMLS 40586 ~ www.LoansA2z.com ~ 888-889-9950

Nov 19th 2012
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James Stachyra (Jstachyra)
#67 ranked lender in Illinois - 10 contributions

No you are not eligible

Nov 19th 2012
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James Stachyra (Jstachyra)
#67 ranked lender in Illinois - 10 contributions

No you are not eligible.

Nov 19th 2012
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Michelle Curtis Loan Originator NMLS 401173 (EmbassyFundingLLC)
#77 ranked lender in Florida - 2,240 contributions

No

Nov 19th 2012
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,930 contributions

Sorry, NO... But if you have an FHA loan or a VA loan, you might have options...

Nov 20th 2012
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