HARP Loans

HARP Loan Services

It’s been a tough economy since the housing market correction of 2007/2008. Still, you worked hard to keep your mortgage payments current. You’d like to refinance your home and take advantage of lower interest rates and better terms, but don’t qualify for traditional refinances because the value of your home has depreciated. Do you feel your back against the wall?

Rest assured, Georgetown Mortgage has your back with the Home Affordable Refinance Program (HARP), designed to help borrowers like you obtain a more affordable and stable mortgage.

The Home Affordable Refinance Program, or HARP

Since April 2009, HARP has helped close to 100,000 borrowers obtain refinance loans. If you meet the criteria below, you may qualify for a HARP refinance loan:

  • Your loan must be backed by Fannie Mae or Freddie Mac.
  • Your current mortgage must have a securitization date prior to June 1, 2009.
  • You haven’t previously refinanced your mortgage under HARP.
  • You must be current on your mortgage.
  • You must have good payment history in the past year.

Recent rule changes may make you eligible to refinance without paying down principal and without having to pay mortgage insurance. Now, there’s no maximum loan-to-value (LTV) on a new fixed-rate HARP mortgage. A new adjustable-rate HARP mortgage LTV maxes out at 105%.

Speak with the lending professionals at Georgetown Mortgage to explore how you may meet the criteria and benefit from the HARP program. Our mortgage experts will make sure HARP fits your unique needs, and we never charge exorbitant fees.

When A HARP Loan Makes Sense to You

HARP benefits homeowners like you, those whose mortgages are current but disqualified from traditional refinance opportunities due to lowered home values in the wake of the U.S. housing market correction.

HARP criteria are extensive. You need an expert navigator-a participating lender-to guide you through the narrow channel between qualification and disqualification. Georgetown Mortgage is a HARP participating lender. Make us your go-to guide when you’re ready for HARP.

If you’re one of the many homeowners who haven’t refinanced an underwater conforming, conventional mortgage, you’ll be glad to learn you still have time. The Federal Housing Finance Agency (FHFA) extended the HAMP deadline to December 31, 2015. Act fast. Call Georgetown Mortgage soon and avoid getting lost in the federal quagmire!

Georgetown Mortgage hears your concerns.
At Georgetown Mortgage, you get one mortgage originator, one lender relationship, because we don’t believe you should have to re-explain your situation with every conversation.

The Georgetown Mortgage team believes in the Golden Rule: we treat you how we want to be treated—fairly, honestly, equally, and with full transparency. We hire only those loan officers and team members who demonstrate a genuine commitment to providing top customer care for every applicant and borrower, as if each were the only Georgetown Mortgage customer.

You can expect more from your Georgetown Mortgage borrowing experience. Imagine the peace of mind you’ll feel with our Georgetown Mortgage lending professionals on your side.