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I am not underwater, but need to lower my interest rate, but I have limited income, can I qualify for HARP 2.0?

by kellymaddie491 from Springfield, Pennsylvania. Jan 14th 2014 Reply


Would be happy to look things over for you. Just because you are not underwater does not mean HARP is out for youJoe CafieroGuaranteed RateJoe.cafiero@guaranteedrate.com

Jan 14th 2014
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Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

Possibly, but their are still debt to income guidelines that need to be met.Call us or email us at 201-962-3555 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation ask for Michelle or Benny. We will find the Best Mortgage Option to suit your needs! Check us out at www.BestMortgageOption.comAsk us about the awesome discounts we offer heroes as a Homes for Heroes affiliate!

Jan 14th 2014
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Possibly.. It depends on other compensating factors.. Once you apply, your complete file is run through an automated underwriting system (AUS).. if your debt to income is too high, but you have exceptional credit, or limited debt, or large cash reserves, the AUS could come back with an approval, then you would be ok.. without knowing all the details, it's hard to just say yes or no.. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jan 14th 2014
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

It's worth a try.

Jan 14th 2014
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions

It just depends on whether your income meets requirements to qualify for the new mortgage along with your other debts - definitely worth checking into!

Jan 14th 2014
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HARP does allow for higher debt ratios. Please email or call and we can discuss further. 856-324-6749 or bdevlin@7thlvl.com. Thanks

Jan 14th 2014
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