Obama Harp Mortgage Program

Government Refinance Assistance – In his first term, President Obama went to great lengths to try to help the ailing housing market recover by sponsoring or supporting several government refinance assistance programs. The primary refinance program of the Obama administration, the Home Affordable Refinance Program or HARP program, has proven to be a great success after a rocky.

FHA 203h Loans: Mortgages for Disaster-Affected Homeowners. –  · Back in August, President Obama declared certain counties in Louisiana as disaster areas due to the devastating flood. These areas are just examples of presidentially declared disaster areas that are eligible for FHA 203h loans or 203(h) loans. These special mortgages make replacing and rebuilding homes damaged by natural disasters easier and faster.

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The Home Affordable Refinance Program (HARP) was an initiative put forward during the Obama administration, that offers a number of options designed to help homeowners, depending on their individual circumstances.

Obama Administration Extends MHA, HAMP Modification Programs Through 2015 – The Obama Administration has extended its Making Home Affordable (MHA) program through December 2015. The action, taken Thursday brings that program into line with new expiration dates announced.

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What HARP 2.0 can — and can’t — do for you – CBS News –  · Who is eligible for a refi under HARP 2.0? According to MakingHomeAffordable.gov, in order to qualify for the program your mortgage must:. Be owned or guaranteed by Freddie Mac or Fannie Mae; Have.

The Home Affordable Refinance Program (HARP), also known as the Obama Refinance Program, was set up by the federal government in 2009 in response to the widespread collapse in home prices that had occurred as a result of the 2007-08 credit crunch.

Save Thousands On Your Mortgage – Reduce Your Mortgage Bill By $3,120 Per Year ($260 Per Month) With The Government’s “New HARP” Program, You Can Check If You Qualify In 60 Seconds. American homeowners may qualify for the greatest mortgage reduction program in history. (Washington, D.C.) Congress has replaced HARP, which helped over 3.3 million americans reduce their mortgage payment, with a number of new.

When Should You Get Pre Approved For A Home Loan

How to Read the Average Rate Chart. Locking in your mortgage rate when rates are low, whether it’s a fixed rate or an adjustable rate that won’t adjust for a while, can mean a world of difference to your monthly payment.