There are few times in our life that an opportunity is presented to us that can saves us thousands, sometimes hundreds of thousands of dollars. The HARP program is just that opportunity.
HARP, the Home Affordable Refinance Program, is a government created and backed program enabling responsible borrowers to refinance out of high rate loans and into low rate loans. Essentially this lowering of your rate has the power to save you hundreds of dollars every month. This savings can add up to over $100,000 over the term of your loan.
What do these savings mean to you? For most it means the ability to not be cash strapped month-to-month. Your savings can help you to pay down other debts, get caught up on your savings, or help provide you with a much needed vacation.
In short, it is definitely worth finding out if you qualify for a HARP loan. You can do this by contacting a licensed mortgage originator in your area. We have teamed up with some the most reliable Loan Officers in the country who can help you find out if you qualify.