The Home Affordable Refinancing Program is being offered to on-time mortgage holders looking for lower interest rates.Irvine, California, (TBD) – The recently announced Home Affordable Refinancing Program has been welcome news for home owners seeking help with high interest rates on underwater mortgages. But many home owners are confused about how to navigate the eligibility requirements and the application process.
The HARP alliance was created to help confused home owners understand what they need to do in order to see if they qualify. Home owners seeking a HARP loan can visit www.harpalliance.com and fill out an easy on-line form to see if they meet the eligibility requirements to procure one of the Obama refinance loans.
In order to meet eligibility requirements a person must be current on their mortgage. The mortgage must have been originated before May 31, 2009 and be serviced by Freddie Mac and Fannie Mae. Another key eligibility requirement for the HARP loan programs is that there must be a history of on-time payments with no late payments in the previous six months.
The HARP loan program is available without any application fees. There also is no need to have the home re-appraised as the values will be determined by the current loan amount and other contributing factors. Home owners will also happy to know that these HARP loans come with record low interest rates and will be given to all types of properties and occupancies.
President Obama and his administration created this program to reward the American home owners who have decided to stay in their houses and honor their mortgage loan commitments. These are the people who have been protecting home values while others have decided to abandon their commitments and their homes. The Obama home refinance program is a way for the government to say thank you for being a loyal and honorable person.
The HARP Alliance saw the need to help these home owners get the help they need in order to secure and Obama home affordable mortgage program. While HARP alliance is not affiliated with the US government they are experts in HARPS loans and can help lead the underwater home owner to higher ground.
About HARP Alliance:
Based out of California, HARP Alliance has seen the need in the current economic times and the hardships of home owners to create a place where home owners can go to save money and their homes. HARP Alliance is an organization that aims to help people get the information they need to save money and refinance their homes.
HARP Alliance has a team of experts who are ready to help underwater home owners navigate the treacherous waters of the Obama housing plan. The HARP Alliance team will help people with everything they need to get them qualified for the program.
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