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What is the income qualifications for a harp loan? When does the harp loan program end? THX in advance to anyone who can answer.

by nanascollectables464 from Ava, Missouri. May 27th 2015 Reply


Derick Condron (rightstartoregon)
#32 ranked lender in Oregon - 597 contributions

There are no specific income qualifications it will depend on your debt to income level.

May 28th 2015
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,927 contributions

There's an entire 100 page manual outlining HARP guidelines, so we're not going to discuss all of them... but in general, most folks want to know what is different about HARP refi vs. a conventional refinance.. With HARP, in most cases, there is no appraisal necessary, and they don't necessarily look at your debt to income ratios either.. you have to be working, but they are not going to pay attention to your ratios.. the assumption is that if you have made your payments on time, then regardless of your ratios, you are able to fulfill your obligations.. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

May 28th 2015
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,225 contributions

Really only that you have sufficient income, that can be documented and is consistent, to support the mortgage payment and any other monthly debt you have. Debt to income requirements are more flexible with HARP loans.

May 28th 2015
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