Saturday, November 19, 2011
HARP: Home Affordable Refinance Program is suppose to be making it's way back on to the horizon early in December of 2011. An issue I have with this program is that the homeowners in Las Vegas don't meet the guidelines because most of our properties are 50% and more under water. It doesn't mean that if you do own in the Las Vegas Valley that you shouldn't explore and see what is available for you.
HARP is a federal program established to help homeowners refinance their mortgages if they are current on their payments but are having difficulties obtaining a traditional refinance because the value of their home has declined.
Borrowers interested in refinancing under current guidelines should contact their mortgage loan officer or give me a call to direct them in to the right source to determine their qualifications for existing programs. You can learn more about HARP by visiting the Making Home Affordable website.
888-995-HOPE
Hearing impaired: 877-304-9709 TTY
When you hear of new programs, or have questions about Short Sales, Equity Sales, or buying a new home - or perhaps some income property, give me a call. I can help.
Kim Duclos (888) 949-2890 Toll Free and my direct cell at (702) 521-3939