Home Affordable Refinance Program
- No underwater loan limits
Borrowers are able to refinance regardless of how far their homes have fallen in value. Previous loan-to-value limits were set at 125 percent.
- Eliminating appraisals and underwriting
The majority of homeowners will not have to get an appraisal or have their loan underwritten, making their refinance process easier and faster.
- Modified fees
Certain risk-based fees for homeowners who refinance into shorter term loans will result in being eliminated or modified.
- Extended application deadline
The final date to get a HARP refinance has been extended.
How can I get a HARP refinance quote?
You can get free, HARP refinance quotes by submitting a loan request. Just be sure to let us know that your loan is owned by either Fannie Mae or Freddie Mac in the loan request form.