Delaware homeowners who are living under negative equity may be able to use the HARP 2.0 government program to allow them to refinance at lower interest rates.
Wilmington, DE -- (SBWIRE) -- 07/23/2013 -- More people than ever with homes in distress are able to refinance under the HARP 2.0 program. This bodes well for homeowners looking to reduce their interest rates and lower their monthly mortgage payments.
The only problem is that still many Delaware homeowners don&apost know the program exists.
Delaware mortgage originator, Phil Throckmorton educates his potential clients on the basics of this program at his Online HARP 2.0 program have already resulted in a large amount of loan modifications. Those Delaware homeowners with high LTVs (Loan-to-Value ratios) and less than perfect credit scores have been able to successfully refinance their homes.
You May Be Eligible For A HARP Refinance If:
1) Fannie Mae or Freddie Mac owned or guaranteed your home loan.
2) Your loan was sold to Fannie Mae or Freddie Mac before May 31, 2009.
3) Your mortgage is current for the last six months.
4) You owe more than your home is worth, or is there minimal equity in your home.
5) Your mortgage has not already been refinanced through HARP in the past, unless it happens to be a Fannie Mae loan that underwent a HARP refinance between March and May 2009.
6) You have no more than one late payment over the past 12 months.
7) Your loan is not an FHA, USDA or Jumbo Mortgage.
Call Phil Throckmorton at 302-530-2299 or visit our HARP Refinance Center and fill out our Quick 1 Step Eligibility Form to see if you qualify for this new program.
Mr. Throckmorton is also available answer all of your HARP Questions.
For more information on this press release visit: http://www.sbwire.com/press-releases/harp-20-program-allows-many-delaware-homeowners-to-take-advantage-of-low-refinance-rates-and-lower-their-monthly-mortgage-payments-288918.htm
Media Relations Contact
Phil Throckmorton
Telephone: 302-530-2299
Email: Click to Email Phil Throckmorton
Web: http://delawareharp2info.com