Does Harp 2 have a special application to fill out?

For HARP, there is no special application. Just contact a local licensed Loan Officer for assistance. Avoid at all costs contacting your existing servicer (who you make your payments to). Contrary to popular belief, they DO NOT offer a better deal, and almost always offer a significantly worst deal. http://harp-refinance-mn.com

Freddie Mac HARP2 has been released and it excludes those that received a modification. Fannie Mae's program is scheduled to be released shortly but will most likely have a similar exclusion. Depending on your specific situation you should check with your current mortgage Servicer in order to determine you ability qualify. If you have questions please feel free to contact me directly 954-449-1767 smcwilliam@FloridaStateMortgageGroup.com

You only need to contact a mortgage broker/loan officer to see if you qualify there is no special application. If you have had a loan modification you will not qualify. All the best!

No there is no special applicaton.. WilliamAcres.com

Cindee,Depending on Harp 2 new guidelines, who has your loan or (FHLMC or FNMA ) Freddie has published theirs, FNMA due out March 1st, there has been relief to the max LTV limits for certain distressed areas e.g. Florida California. The old form limited companies to 105% of value if you were not the owner of the loan which was 125%. Typically you must be current on payment, verify employment good credit.FNMA is lifting the LTV limit of 105% on 30 year. Do you know who has your loan? You can go on-line FNMA.com or FHLMC.com to see if they have your loan or we can look it up for you. Private banking firms do not typically comply to this guideline, not every loan is sold to these entities. We are glad to help you refinance if possible. amflc.com or 888-779-6500 ext. 7315

Great question. No. You will be required to complete a regular mortgage application. I agree with Joe... Do NOT work with your old servicer for several reasons. First, when you are working with a bank, they only offer you their product. Two: All this time, they have continued to collect their outrageous interest from you and have refused to even consider lowering your rate. Why would you want to reward such bad behavior? Third: and probably the biggest is the quality of the personnel. A mortgage Banker/Broker is required to be Trained, Tested and Licensed in all aspects of Mortgage Origination whereas bank employees only have to be registered. That's right, no training, no testing and no license. Just registered. The fourth reason is timing and service. We have all heard the horror stories about how long it takes a bank to close escrow and the poor service levels. Imagine how bad it will get when they start adding these to their pipeline. You really don't want to wait 6 months to get it done, do you? For the record, in the last 12 months, I have closed escrow for 7 different borrowers that are employees of the big banks. Why? They know their own people won't get it done timely, I have multiple lenders to choose from, some with better products, guidelines and pricing than their employer, and they each wanted to close on time. Whomever you choose, don't forget to check them out at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

The Making Home Affordable Program offers loan modifications as a companion to the refinance initiative. How should borrowers and lenders determine whether a refinance or modification is best for the borrower's situation?Home Affordable Refinance addresses the problem faced by millions of homeowners who have been unable to take advantage of low mortgage rates to refinance because their property value has fallen. The loan modification program is intended to prevent foreclosure for borrowers in default or in imminent danger of default, and has clear guidelines regarding qualification and terms.The Refi Plus options are intended for borrowers who 1) are not having difficulty making their monthly payments, 2) are current on their payments at the time of refinance, and 3) have not been delinquent in the most recent 6 months period, or had more than one 30-day delinquency in months 7 through 12.The Home Affordable Modification program is intended for borrowers who do not have the ability to make their mortgage payments, even with a refinance. To be eligible for Home Affordable Modification, the borrower is required to "document a financial hardship and represent that s/he does not have sufficient liquid assets to make the monthly mortgage payments" (see the Refi Plus requirements of the Selling Guide for details). If subsequent to a refinance a borrower does fall into financial hardship the servicer should follow our standard servicing protocols to work with the borrower which may include a modification if appropriate.Q12.Is a borrower who is involved with a modification (either in a trial modification period, received a final modification, or was making payments under a Home Affordable Modification Program (HAMP) trial modification, but determined to be ineligible for a permanent modification), eligible for Refi Plus or DU Refi Plus?Refi Plus (DU or manual) is designed for borrowers who are not experiencing any problems that could impact their ability to continue making mortgage payments. Some borrowers may have obtained a trial modification due to an anticipated hardship (where default is deemed imminent) requiring them to make trial payments for a specified period of time, or may have obtained a permanent modification of the loan. Borrowers are eligible for Refi Plus provided they meet all eligibility requirements, the payment history requirements, the borrower benefit requirement (based on the current monthly principal and interest payment due) and the lender is satisfied that the circumstances relied upon by the borrower to apply for, or obtain the HAMP trial modification have been resolved. I hope this helps. Thanks Christian van Schyndel www.harpwebsite.com