HARP Mortgage / New HARP 2.0 Refinance Program have great options for New Jersey Borrowers. Unlimited LTV’s is just one new highlight with the HARP 2.0 Mortgage and here are some more.
- PIW’s (Property Inspection Waivers) are available for New Jersey homeowners 80% of the time!!
- Borrowers with Mortgage Insurance are NOW ELIGIBLE!!!
- Second Lien Holders are being pressured to approve Subordination requests.
Click here to get today’s HARP NJ Mortgage Rates.
HARP Mortgage “DU REFI PLUS” Program Highlights:
- Fixed Rate Loans and ARMS are available
- Minimum Credit Score – 620
- Higher than normal Debt Ratios
- All Occupancy types allowed
- High Balance Loans are eligible
- Mortgage Insurance may be transferred in some cases
HARP Mortgage “LP Relief“ Program Highlights:
- Up to 125% LTV/CLTV, including MI Transfers
- Maximum Debt Ratios (LP Relief) – 55%
- All Occupancy types allowed
- High Balance Loans are eligible
- Mortgage Insurance may be transferred in some cases
Click here to get today’s HARP NJ Mortgage Rates.
There are estimates that up to $4mm borrowers have a mortgage (owned by Fannie/Freddie) prior to the May 31, 2009 acquisition date… THAT MAY BE ELIGIBLE FOR A HARP MORTGAGE!!!
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