PR Log - Sep 27, 2012 - As our HARP transactions increase we are finding a lot of our clients are receiving misinformation from other lenders. The HARP program does not care how upside down or underwater a home is. It also allows for the client to have private mortgage insurance or lender paid mortgage insurance on the current loan. The program allows for a homeowner to have an existing second mortgage. Contact us today to see if you are eligible for a refinance under this program. Do not get discouraged if you are being told NO by other lenders as they typically have internal loan to value restrictions or other internal overlays that may prevent them from approving the file.
If you are currently in the process of refinancing under HARP and your existing lender is taking 30 plus days to complete your file or not getting back to you, contact us. It is a great time to take advantage of today's low interest rates. Even on HARP.
Fannie Mae or Freddie Mac, WJ Bradley has no loan to value restrictions.