Home Affordable Refinance Program Loans
Home Affordable Refinance Program Loans
Refinance Your Home with HARP Loans Through The Mortgage Corner
Are you a homeowner looking to refinance your mortgage but struggling due to decreased home values? The Home Affordable Refinance Program (HARP) is designed specifically for you. At The Mortgage Corner in Huntington Beach, CA, we are dedicated to helping homeowners access this beneficial program, enabling you to streamline your mortgage and save money.
What is HARP?
The Home Affordable Refinance Program (HARP) offers eligible homeowners the chance to refinance their existing mortgage loans even when their home value has declined. This government-backed initiative was created to assist borrowers who may otherwise be unable to take advantage of favorable refinancing conditions. Our experts are here to guide you through the process and identify if you qualify for this essential program.
Benefits of HARP Loans
HARP loans present a host of advantages for homeowners looking to reduce their monthly payments or switch to a more stable mortgage structure. Key benefits include:
No LTV Restrictions
You can refinance even if your loan-to-value ratio exceeds 100%.
Lower Monthly Payments
HARP can help you secure a more beneficial interest rate and reduce your monthly cash outflow.
No Mortgage Insurance Premiums
In many cases, refinancing with HARP can eliminate the need for expensive mortgage insurance, boosting your savings.
Flexible Eligibility Requirements
HARP is accessible to those who have maintained a solid payment history.
Are You Eligible for HARP?
To qualify for HARP, your mortgage must be owned by Fannie Mae or Freddie Mac, and it must have been originated before June 1, 2009. Overall, HARP is an excellent option if you maintain good credit and have continued to make timely payments. Our dedicated team helps evaluate your financial standing and explore the benefits of HARP in relation to your specific situation.
Why Work With The Mortgage Corner?
With our local expertise and commitment to personalized service, we simplify the refinancing process. Our knowledgeable professionals not only guide you through HARP loans, but also ensure you understand all your homeowner loan options. We are proud to serve the Huntington Beach community and help residents achieve their financial goals.
Don’t let declining home values hinder your refinancing opportunities. Contact our team at The Mortgage Corner today to see how HARP loans can benefit you!