Delaware Home Affordable Refinance Program HARP – extended till June 30, 2011
March 3rd, 2010 by John Thomas
The Home Affordable Refinance Program commonly called HARP has been extended for all Delaware home owners until June 30, 2011. The program was set to expire on May 1, 2010. The program allows home owners that owe more than their home is worth for up to 125% of the current value for low rates and better terms. The program is slightly different depending on whether your loan is a Fannie Mae loan or a Freddie Mac loan. The Freddie Mac HARP program is much better because it allows you not to verify your income to qualify so really good for all you self employeed borrowers who have trouble verifying income.
You can look up your property address to see if it is Fannie or Freddie on Fannie Mae’s website at http://loanlookup.fanniemae.com/loanlookup/ and Freddie Mac’s webstie at https://ww3.freddiemac.com/corporate/
If your current loan is on either one of those websites then you can take advantage of the Delaware HARP refinance program. Please feel free to call me at 302-703-0727 or send an e-mail to DelawareMortgages@yahoo.com for to apply or get more information.
John R. Thomas – Certified Mortgage Planner – Primary Residential Mortgage, Inc.
I am a Delaware native who has been actively involved in the Mortgage and Finanace industries for over 10 years. Call me at 302-703-0727
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A mortgage that is properly suited to an individuals needs when buying a home can save the individual thousands while a mortgage that has not been properly tailored to their needs can place the house and the individuals financial future in jeopardy