"Making Home Affordable" Program, or HARP
As part of the the stimulus package, the Home Affordable Refinance Program (HARP) or "Making Home Affordable" is still available. HARP is designed specifically to help borrowers with FNMA or FDMC loans who may be ineligible for traditional refinancing due to a loss of home value or because they have little to no equity.
This program can be used for primary or investment properties, and...
With HARP 2.0, we even have negative equity options for OVER 125% LTV!
To find out if your mortgage is Fannie Mae:
lookup your fannie mae property
or Freddie Mac:
lookup your freddie mac property
If you get a "Yes" on either of these sites, please call us for advice on your next steps- (408) 626-1879.