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For a HARP Program Refinance Loan, how do I know if Fannie or Freddie has my Florida mortgage?

The freddie mac enhanced relief Refinance Mortgage provides opportunities to borrowers with existing Freddie Mac mortgages who are making timely payments, but are unable to take advantage of the standard Freddie Mac "no cash-out" refinance offering because the new mortgage exceeds maximum loan-to-value (LTV) limits.

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Any home mortgage you want to refinance through HARP must be guaranteed or owned by Frannie Mae or Freddie Mac. If you’re not sure which lender has your current mortgage loan, you can check your Freddie Mac or Frannie Mae mortgage status. Mortgage Type. To be eligible for the HARP program, you can only have a conventional mortgage.

There is no longer a maximum LTV limit for borrower eligibility. If the borrower refinances under HARP and their new loan has a fixed rate mortgage, there is no maximum LTV. If the borrower refinances under HARP and their new loan is an adjustable rate mortgage, their LTV may not be over 105%.

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Qualify for Fannie Mae-only Programs. If Fannie Mae owns your loan, you may be eligible for programs designed to make your mortgage more affordable-like the home affordable refinance Program (HARP) or other programs available exclusively to Fannie Mae borrowers. Enter your information below. Make sure you enter accurately-a typographical.

If you’re thinking about using HARP to refinance, here’s what you should know about the program. The HARP Basics The program will allow you to refinance as long as your loan is owned by Fannie Mae or.

Mortgage rates are. through the Home Affordable Refinance Program (HARP) topped 1 million in 2012, more than double the year prior. The harp program helps underwater homeowners with Fannie Mae- and.

The HARP program, designed to help homeowners who owed more than their homes were worth, is no longer available as of Dec. 31, 2018. Fannie Mae’s High Loan-to-Value Refinance Option and Freddie.

The government’s revamped Home Affordable Refinance. Fannie Mae and Freddie Mac – that provide most of the money for home loans in this country. The program has been particularly successful in.

Bad-credit home loans do exist. Those who qualify for the HARP program could restructure loan terms if the money was borrowed from a bank, credit union, or mortgage company owned by Fannie Mae or.

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