Can HARP loans be assumable?

NO... the only loans that are assumable are FHA and VA.. But they are assumable with qualifying... meaning, tax returns, pay stubs, bank statements, good credit... etc.. There are no non qualifying assumable loans being issued any more, and there hasn't been in over 20 years.. 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

Fannie Mae and Freddie Mac loans specifically prohibit assumptions. The only exception would be death of the borrower. Federal Estate law trumps this and allows a blood heir to inherit the property along with the loan. The lender can charge a fee for processing the assumption, but they must allow it. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Fannie Mae and Freddie Mac loans are not assumable; consequently, the home loan that you refinanced under duress through HARP is also not assumable.

Harp loans are not assumable, you can add yourself to the title and pay the mortgage however, the person who currently owns the home can move out of it and if they're applying for another home can then show 12 months cancelled checks from you to omit the debt for themselves.However the mortgage will remain on their credit till home loan is refinanced or sold.

No.

As everyone has stated they are not, but if that is a concern then refinance into an FHA loan and it will be.

HARP loans are just standard Fannie Mae or Freddie Mac loans - therefore they are NOT assumable.

FHA loan is the only assumable loan.