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{"id":8661,"date":"2011-12-14T16:38:50","date_gmt":"2011-12-14T16:38:50","guid":{"rendered":"http:\/\/www.seonewswire.net\/?p=8661"},"modified":"2011-12-12T16:39:40","modified_gmt":"2011-12-12T16:39:40","slug":"new-harp-program-could-help-orlando-homeowners-refinance-and-lower-relevant-costs","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2011\/12\/new-harp-program-could-help-orlando-homeowners-refinance-and-lower-relevant-costs\/","title":{"rendered":"New HARP Program Could Help Orlando Homeowners Refinance and Lower Relevant Costs"},"content":{"rendered":"

The revamped mortgage refinance program through the Home Affordable Refinance Program (HARP) could help many Orlando homeowners. Many borrowers want to refinance but have been stuck because of loan-to-value ratios, the down housing market, and issues with mortgage insurance. Lenders recently received instructions from the Federal Housing Finance Agency (FHFA) that have removed the caps on homes that are valued for far less than what they were bought for. For homeowners who have been paying their monthly mortgage payments on time but want an opportunity to refinance at today\u2019s lower interest rates, they can now call their lender to see about getting into the HARP program.<\/p>\n

The FHFA estimates that it could help 1.8 million homeowners with the revised version of HARP, which has been extended to run through the end of 2013. Lenders can vary how quickly they adopt the changes and the revised HARP program guidelines. <\/p>\n

“This new phase of (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The revamped mortgage refinance program through the Home Affordable Refinance Program (HARP) could help many Orlando homeowners. Many borrowers want to refinance but have been stuck because of loan-to-value ratios, the down housing market, and issues with mortgage insurance. Lenders…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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