Fannie Mae Refinance Plus Loans | CA Bay Area HARP Loans
November 4, 2009
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The Fannie Mae DU Refinance Plus loan or HARP (Home Affordable Refinance Program) has become quite popular in the CA Bay Area for homeowners that are struggling to make their current mortgage payments. Some of the benefits of the HARP loan are as follows.
- There are no minimum credit requirements.
- You can refinance a current first mortgage up to 125% of the homes current Appraised value.
- You can subordinate a 2nd mortgage to an unlimited CLTV
- Mortgage Insurance is NOT required for this loan.
If you or someone you know would like to find out about qualifications don’t hesitate to get in touch with us today. We are happy to answer any questions and address concerns to find the right loan program for you!
Until Next time Here is to your success! Jason Wheeler 925-285-2172 | Come to a FREE Bay Area Event |
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