What is HARP ? (Home Affordable Refinance Program)

Our average customer saves over $300 per month using these programs!


Personal Bail Out?…not exactly, but for many homeowners who owe more than their home is worth, it might seem like that. Public outcry over the Bail-Out of the Major Banks pressured the Obama Administration to expand its Recovery Plan to also provide relief to homeowners. So, HARP Funds became available in 2009 to ensure more homeowners are able to take advantage of the current historically low interest rates.


HARP is what more American Homeowners are using this year to lower their interest rate and total household payments.

The recent changes to the HARP Program (HARP 2.0) allow more homeowners to use the program. The new guidelines are less restrictive and allow even higher loan-to-values (LTVs). For example, it is possible in some cases to have an unlimited LTV which eliminates the need for lenders to require an appraisal. The focus is soley on credit history recent mortgage payments and income stability.