{"id":607,"date":"2014-02-23T04:34:04","date_gmt":"2014-02-23T04:34:04","guid":{"rendered":"http:\/\/cranbrookloans.com\/?page_id=607"},"modified":"2014-02-23T04:34:04","modified_gmt":"2014-02-23T04:34:04","slug":"harp-refinance-loans","status":"publish","type":"page","link":"https:\/\/mortgageoriginator.org\/michaeldavis\/harp-refinance-loans\/","title":{"rendered":"HARP Refinance Loans"},"content":{"rendered":"<p>The Federal Housing Finance Agency (FHFA) recently proposed changes (2.0) to the Home Affordable Refinance Program (HARP) in an effort to better assist the needs of more home owners who&#8217;s mortgage balance exceeds the value of their home. One of the biggest changes is that Fannie Mae is removed the maximum loan-to-value limit for Refi Plus loans, so regardless of your homes value you may qualify to reduce your payments. This improvement made refinancing possible for millions of Americans who are currently owing more than their homes are currently worth.<\/p>\n<h2>Who Should Consider a HARP Refinance<\/h2>\n<p>Homeowners who have demonstrated an acceptable payment history.<br \/>\nPeople who currently owe close to or more on their mortgages than the existing values of their properties.<br \/>\nProduct Highlights<\/p>\n<p>No maximum loan-to-value<br \/>\nMinimum of 620 FICO score<br \/>\nLoans with current mortgage insurance are eligible<br \/>\nPrimary, investment, and second homes are eligible<br \/>\nEligible loans are Fannie Mae and Freddie Mac loans originated prior to May 31st 2009<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Housing Finance Agency (FHFA) recently proposed changes (2.0) to the Home Affordable Refinance Program (HARP) in an effort to better assist the needs of more home owners who&#8217;s mortgage balance exceeds the value of their home. One of the biggest changes is that Fannie Mae is removed the maximum loan-to-value limit for Refi &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/mortgageoriginator.org\/michaeldavis\/harp-refinance-loans\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;HARP Refinance Loans&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-607","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/pages\/607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/comments?post=607"}],"version-history":[{"count":0,"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/pages\/607\/revisions"}],"wp:attachment":[{"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/media?parent=607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}