Expanded Approval Loans
Many Fannie Mae applicants are declined because their loan receives “expanded approval” findings. When applying with a new servicer on a Fannie Mae HARP 2.0 loan, or if your servicer only offers DU...
View ArticleLoan to Value Caps in HARP 2.0
In December 2011 HARP 2.0 became available for unlimited Loan to Value (Same Servicer Only version at this point). March 2012 the unlimited feature became available for New Servicer version (DU Refi...
View ArticleLPMI transfers in HARP
When HARP began in 2009, one of the largest obstacles to successful refinance was if your current loan had PMI attached to it. Some loans have BPMI (Borrower Paid) that are paid each month as part of...
View ArticleMaking Home Affordable
Making Home Affordable has been available since 2009 and results have been mixed from the two core programs, HAMP (Home Affordable Modification Program) and HARP (Home Affordable Refinance Program). In...
View ArticleAppraisal Waivers in HARP 2.0
The majority of HARP loans are eligible for appraisal waiver, however there are certain criteria that must be met to allow the execution of the waiver. Generally speaking it is advisable to complete...
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