Thursday, October 24, 2013 - Article by: Lynn Kinsel - Mason-McDuffie Mortgage Corporation -
Effective ImmediatelyThe May 31, 2009 Eligibility date for a FNMA HARP loan has been changed to reflect the Note Date rather than the acquisition date by FNMA. Using the note date is more transparent because borrowers know when they closed on their prior mortgage loan. (Borrowers typically do not know when their loan was sold to Fannie Mae.)
If you or someone you know was turned away because their current loan was not acquired by FNMA prior to May 31, 2009, relief is now available.
Call me today for more information!
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