HARP 2.0-Home Affordable Refinance Program

Find out now if you can qualify for the government’s Home Affordable Refinance Program (HARP2.0) with relaxed lending guidelines with no appraisal!

Home Affordable Refinance Program at Billcutter, our goal is to make sure you’re always in the best mortgage for your financial situation. As you’ve heard in recent news, our government released a multi-step plan to help American homeowners. We’re extremely excited to be a part of the plan that could help millions of responsible homeowners in America.

Depending on your situation, you will fall into one of three scenarios:

1. You owe less on your mortgage than your home is worth. This means that you can qualify for today’s already low mortgage rates! We can help you. The message of the plan is clear – the government wants American homeowners who currently qualify for a refinance to take advantage of historically-low mortgage rates. Waiting any longer could cost you money. Call us today and we’ll work with you to determine your home’s value, your equity and what kind of new loan you need.
2. You owe more on your mortgage than your home is worth. If you owe more than your home is worth and previously couldn’t qualify for a refinance, you may qualify for the government’s new Home Affordable Refinance Program. We can help you. With a new, streamlined refinance program from Fannie Mae, Billcutter is able to refinance your mortgage to a low, fixed rate. This is fantastic news for nearly 5 million people who couldn’t previously refinance under traditional guidelines. If you’re on time with your mortgage payments, but couldn’t refinance due to lack of equity, the streamlined refinance program is for you. 
3. You are struggling to make your mortgage payments and face imminent foreclosure on your home. Under the new plan, the government is working to provide loan modifications to people who can prove and document financial hardship through job loss, change in income, significant debt or an adjusting interest rate. This is an option for which only a small percentage of homeowners will qualify. If you believe you qualify for a loan modification under the government’s new plan, call your loan servicer (the company you make your payments to) right away.

To find out how you can get a low rate on a 30-year fixed and a lower mortgage payment with the Home Affordable Refinance Program, call us or fill out our quick form and we’ll get in touch with you right away.

In addition to Home Affordable Refinance Program, Billcutter now offers FHA Streamline, the easiest way to refinance your FHA loan. With FHA Streamline, you could refinance an FHA loan with no appraisal and no income/assets verification. Not sure if an FHA Streamline is right for you? Find out if you qualify for an FHA Streamline refinance in just a few easy steps!