Homeowners Affordable Refinance Program
The Homeowners Affordable Refinance Program (HARP) is designed to assist you in refinancing your mortgage, even if your home's value has declined, or if you owe more than your current home value.
To Qualify, you must meet the following criteria:
- Your mortgage must be owned (or guaranteed) by Fannie Mae or Freddie Mac
Fannie Mae Loan Lookup
- Your loan must have been sold to Fannie Mae or Freddie Mac before May 31, 2009
- Your Loan-to-Value (LTV) ratio must be greater than 80%
- You must be current on your mortage payment
- You cannot have missed any mortgage payments in the past 6 months, and no more than 1 missed mortgage payment in the past 12 months
- Your loan cannot have been previously refinanced under HARP. (This does not apply if you have a Fannie Mae loan that was refinanced under HARP between March-May 2009)
