Under HARP2, My LTV is less than 80% can i refinance?

You can refinance, and if your loan is owned by Freddie or Fannie, you can use HARP 2.0. The only advantage for you would be if you use HARP 2.0, you won't need an appraisal... if your loan is not owned by Freddie or Fannie, then you can still refinance, you just have to have an appraisal done to verify the property value and LTV... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

First we need to figure out if your loan is fannie or freddie, and when did you purchase it or your last refi, nnd who is your loan currently with? lender/ /servicing company if you want , shoot me over via a email, your address, loan balance the this info to yourloanpartnerforlife@live.com linda

We moved from Chicago to Austin, Texas. We lend in ALL 50 states, and the HARP % rate for us this morning for Fannie is identical to our 30 year fixed / please call to discuss and I can walk you thru this process. We lend for HARP up to 97%, so you are good with your 80%. Jeff Albrecht 512-807-2951 / Mortgage Banker.

Under 80%, you do NOT need a HARP loan... The rates are higher. The only possible reason might be to attempt to avoid an appraisal. www.HARP-Refinance-MN.com

Do you have a second Mortgage? if not then using Harp 2.0 under 80% is possible, BUT you lose the cap reduction....only reason I would suggest to do that is if your DTI is over 50% and you can't get a DU/LP approval non- harp

I agree with all of my colleagues who have responded below. However, you will also need to ensure that you have a credit qualifying score and that your debt to income ratio's are within the guidelines to refinance. Please feel free to reach out if you have any further questions.Cecelia MarlowVice President - The Federal Savings Bank312-738-6294