Your Home Loan Professional

HARP 2.0

Gives those who are upside down on their mortgage an opportunity to refinance for a lower interest rate.

Although the government allows an unlimited loan-to-value (LTV), most lenders cap the HARP loan at 125% financing. And, in most cases, an appraisal is not required.

Your mortgage has to be owned by Fannie Mae or Freddie Mac to be eligible. You can click on the links below to check if your mortgage is a match for either one.

FHA Streamline

The FHA Streamline Refinance is for homeowners that currently have an FHA Mortgage.

• No appraisal
• No income or asset qualification
• Less closing costs
• Faster closing times

The above criteria is based on a borrower that's eligble for the non-credit qualifying streamline.

If you have an FHA Mortgage that was guaranteed before June 1, 2009 you should give me a call to see if streamlining your FHA Mortgage makes sense, as there are mortgage inurance advantages for those loans.

VA Streamline

The VA Streamline is for homeowners that currently have a VA Mortgage.

• No appraisal *
• No income or asset qualification
• Less closing costs
• Closing costs can be rolled into loan
• Faster closing times

The VA Streamline is very similiar to the FHA Streamline. Both streamline refinances allow a borrower to lower their interest rate with less paperwork to process.

* A minimum 640 credit score is required.