Even if your home is "underwater" you may be able to refinance and lower your monthly payments!
The Home Affordable Refinance Program (HARP) is a federal government program that enables qualified homeowners with government-backed mortgages to refinance at today's record low rates.
HARP is available through participating lenders such as Casa Financial Services. In addition, Casa Financial Services is one of the few companies able to offer the HARP program to homeowners who may have Mortgage Insurance on their existing mortgage.
Introduced in 2009, the program was designed to help homeowners who owed more than their home was worth to refinance into a new affordable, more stable mortgage. The federal government broadened refinancing guidelines in November 2011 in order to make more homeowners eligible. Even those who did not qualify in the past might be eligible with today's HARP:
HARP restrictions loosened
- The "ceiling" requirement that homeowners owe no more than 125 percent of their home's worth was eliminated
- Some fees were eliminated
- The deadline for refinancing was moved to December 31, 2013
An overview of homeowner requirements
- Your mortgage must be owned or guaranteed by Fannie Mae or Freddie Mac
- You do not have an FHA, VA or USDA loan
- The current loan-to-value ratio on your mortgage must be greater than 80 percent
- No missed mortgage payments in the past six months
- No more than one missed mortgage payment in the past 12 months
Find out if you're eligible
If have been unable to refinance because the value of your home has declined, you may be eligible to refinance through HARP. Call 619-644-8344 to see if you qualify for a HARP refinance loan and get a personalized rate quote.
Don't miss this once in a lifetime opportunity!
I appreciate the opportunity to serve as your Personal Mortgage Broker and look forward to you referring me to friends and family. Feel free to call me with any questions.
Thank you,
Brett Mills
Broker/Owner NMLS #120484
Casa Financial Services, Inc NMLS #120281
9560 Cuyamaca Street #101
Santee, CA 92071
Charter Member
LeTip of Little Italy
The Bamboo Lounge (meeting location)
1475 University Ave
San Diego, CA 92103
619.644.8344 x 101 office
619.504.7108 cell
619.644.8355 fax
Casa Financial Services, Inc
Have you ever found yourself looking for just the right person or company to solve your problem and wonder who you can trust? Often times it's hard to find professionals that deliver quality products and services that you can depend on. In my many years in the Home Loans business, I have been able to align myself with many top-notch professionals in their respective fields. These are the people I can personally trust and highly recommend to my family, friends, clients, and associates. If you ever have a need for any of these professional services, please contact me and I can personally refer them to you.
