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What is the latest news on the HARP 3

by RLDReynolds994 from Atlanta, Georgia. Aug 26th 2015 Reply


Thomas Dasta (lendfm)
#32 ranked lender in Georgia - 41 contributions

it does not exist at this point. The values have been improving and rates are still very good. You may now have an option under conventional guidelines. Thomas Dasta678-571-7433Thomas.dasta@lendfm.com

Aug 26th 2015
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Briggs Cline (bcline_154_679)
#60 ranked lender in Georgia - 54 contributions

Don't think it will ever be a reality. Only a small number of HARP eligible loans are not able to get refinanced under the current program. Would be happy to talk with you about all options. Local lender in Atlanta. Buckhead Home Loans. 678-578-0600. www.buckheadhomeloans.com

Aug 26th 2015
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,788 contributions

There was a proposal sent to congress, however it was never voted on.. and in all reality, since most homes values have increased, there's very little necessity for HARP at this point.. so I doubt you will see anything come out.. 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 NMLS# 226347

Aug 26th 2015
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Barb Lanis (BarbLanis)
#72 ranked lender in Illinois - 662 contributions

HARP 3.0 seems to be dead and off the primary agenda of the lawmakers and administration. Property values have also increased somewhat, putting any measures on the back burner. Best to have a local Realtor do a CMA to find out if your are still underwater. If you have a loan that was not backed by Fannie or Freddie, then it's best to work with your current servicer for a solution.

Aug 26th 2015
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Mark Hemingway (SFSLend)
#1 ranked lender in Colorado - 532 contributions

HARP 3 never made it and probably will not make it. Values moving up at such a rapid pace that the need for a HARP mortgage is not needed as most homes have gained back much of the values that they lost after 2008 time frame.

Aug 26th 2015
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