harp 2 v. FHA streamline refi?
I've been reading trying to find key diffrences bewteen HARP2 and an FHA streamline refi - in the middle of trying to decide what's going to work better for me - and maybe I'm just slow but I'm having a hard time finding one big difference. I'm 52, single and looking to refinance so my monthly payment will go down on my 2 bedroom house. Right now I pay $2100/mo by deniselarr1952 from Athens, Georgia. Aug 30th 2013
Depends on what kind of loan you have now. If your current loan is an FHA loan - you are eligible for an FHA streamline. If you have a conventional loan and the loan is owned by either Fannie Mae or Freddie Mac - you might be eligible for a HARP.If not FHA, you need to check to see if either Fannie or Freddie is the actual owner of your loan. You can easy ski this by googling "Fannie Mae loan lookup" and navigate to the screen where you enter a little info. If not Fannie - same process for Freddie.Happy to hep on any way. Local Atlanta lender. 404-303-7411. Www.buckheadhomeloans.com
Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions
FHA streamline is for FHA. HARP2 is for Fannie and Freddie.
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