Making Home Affordable Refinance

Making Home Affordable Refinance (HARP) program was designed to help homeowners refinance their loans even after house values declined in recent difficult housing market conditions. HARP was initially launched in March 2009, and was further enhanced in March 2012 with roll out of HARP 2.0.


Do any of these sound like you?

  • The value of my property has fallen
  • I owe more than what my home is worth
  • I have been turned down for a refinance loan in the past
  • I need to refinance my adjustable rate mortgage but don't have enough equity in my home
  • I don't qualify for loan modification

If so, we might have the answer that you've been looking for. The Making Home Affordable Refinance Program (HARP) is a government backed mortgage program that allows many borrowers with existing Fannie Mae and Freddie Mac loans to refinance their homes even if they owe more than their home is worth.

HARP's goal is to help you stay in your home by making it more affordable for you to continue to make your monthly mortgage payments and keep your dreams of affordable home ownership alive. We can help you qualify for HARP program if we can show that you are receiving one or more of the following benefits:

  • A lower monthly mortgage principal and interest payment;
  • A lower interest rate;
  • A shorter amortization term (a loan for fewer years); or
  • A more stable mortgage product; for example, a move from an ARM to a fixed-rate mortgage.

How do I know if I'm eligible for HARP?

You may be eligible for HARP if you meet all of the following criteria:

  • Your mortgage must be owned or guaranteed by Fannie Mae or Freddie Mac.
  • Your mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009.
  • Your mortgage cannot have been refinanced under HARP previously unless it is a Fannie Mae loan that was refinanced under HARP between March and May, 2009.
  • You must be current on the mortgage at the time of the refinance, with a good payment history in the past 12 months.

How can I determine if my mortgage is owned by Fannie Mae or Freddie Mac?

You can check if your mortgage is owned by Fannie Mae, go to To check if your mortgage is owned by Freddie Mac, go to


How do I get started?

  • Simply fill our HARP Phase 2 quick form below.
  • We will then research your loan to make sure that it is eligible for the HARP Program.
  • If it is, we will show you the savings that you can realize by refinancing your home through HARP.
  • If your loan is not eligible, we'll discuss any possible alternatives.

Other frequently asked HARP questions

Q.   Can I pay down the principal balance of my loan when I refinance my home through HARP?
A.   Yes, you can pay down your principal balance when you refinance your home through HARP or anytime after you. There are no pre-payment penalties.

Q.   Can I refinance my home through HARP if I have a low credit score?
A.   Yes. In fact, HARP is less sensitive to credit scores than Conventional Conforming loan types.

Q.   Can I refinance my home through HARP even if I don't live in the property anymore?
A.   Yes, generally.

Q.   Can I refinance my condo through HARP?
A.   Yes.


Fill out this quick HARP form and we'll take it from there

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