HARP 2.0 and LTV less than 80%?

There is no minimum LTV required for HARP.. if you are below 80%, you can still use HARP 2.0.. You might want to look at both HARP and a non HARP refinance.. Non harp loans will have better pricing, but you pay for an appraisal.. Compare both and then decide.. 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

You can do a HARP loan with less than 80% LTV but why would you? You don't need it, it's not an advantage to you plus I'd think you will do better with a non-HARP alternative.

William is correct. You could do this using HARP, but you may get better pricing going non-harp. You will want to have your local Mortgage Professional do a side-by side comparison for you to help you determine which is better for you. Work with a local Mortgage Banker/Broker, rather than one of the big banks or national mortgage factories. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. We have access to loan products of many lenders, not just those of one bank, and is better prepared to guide you to the lender and product that best fills your needs. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com ~ 888-889-9950

Yes it is possible to secure a HARP 2.0 with a LTV less than 80%.Some Lenders have overlays that prohibit this, but we do offer this as an option.Please conatct United American Mortgage at 800-708-5626 x 110Thank youAl Hensling

Hello, Yes you can do a Harp 2.0 with less than 80% LTV. My question is why? Really, there is no reason why you would want to unless your DTI is higher than the normal guidelines allow. Once a borrower uses the Harp program, then you can never use it again..Please feel free to contact me at jolson@afnmortgagelenders.com or 949.491.8607. We are a direct lender that prides themselves on responsible lending and exceptional customer service, thank you.

Yes you can do a HARP loan but some lenders might have overlays and not allow you. Doing a HARP loan would be good if your debt to income ratio is on the higher side and if you have less than perfect credit.

YES YOU CAN BUT UNDER 80% YOU WILL MOST LIKELY LOOSE THE .5% MAX CAP ON OVERLAYS UP TO 105%..BUT COULD COME IN HANDY IF CLTV IS HIGH OR DTI IS OVER 50%

Yes you can as long as your current loan originated before 6/1/09 and it was purchased by Fannie Mae or Freddie Mac. Does your loan meet these paramenters? If so, and you can qualify for the loan from all other standpoints, you should have no problem getting it. There are definite advantages to doing a HARP 2 loan, even if your home's LTV is less than 80%, which I would be happy to discuss with you. Allowing for a higher DTI is just one of them. Give me a call 16/7, or email me your phone number so I can call you, and I'll be happy to explain the pros and cons of HARP 2 loans. To learn more about me and our mortgage brokerage, click on my picture. When the next page pops up, click on "Website" and you will be redirected to ours. We work exclusively in CA and get loans done fast, typically in less than 30 days, at low interest rates and costs. Representing 39 quality lenders that offer more than 1,000 loan programs, we definitely have something for everybody.

If you can not benifit from the program there is no reason to use it.The rate will be lower with a conventional re-fi below 80%.If the property appraises low, and you would require over 80% Loan To Value, then you would need to consider switching to a HARP product to avoid PMI. Otherwise it does not make sense to take the rates offered for the Harp program, when you are eligible for lower rates at the regular Fannie Mae Re-fi. Please call me to discuss.Jedd Nabonsal- Mortgage Broker- Los Angeles- Serving All of California- jeddnabonsal@gmail.com- Cell: 310 433 1703- Pinnacle Bancorp