I live in Boxford, Mass and own a townhouse which has a LTV ratio of 108%. It is a Freddie Mac loan and i want to

I am in Dartmouth, MA and would be happy to go over your file this weekend! Let me know if I can help! Thank you.

Hi Steve, just wondering if you've been helped yet as I would be happy to help you here directly in Massachusetts where I live and work! Please let me know if I can be of any help! Thank you.

Absolutely not! Freddie would have to have your loan prior to May 31st 2009 for you to qualify though. I would be happy to help you!

There is nothing in the HARP guidelines that requires a lender to charge any type of fee to qualify. There are going to be loan level adjusters to the lenders pricing that will ultimately affect your rate. However, those loan level pricing adjusters should not require you to pay any fee as a "qualifying fee or premium" for lack of a better word. I do a lot of HARP loans and I would be happy to walk thru your scenario with you and give you a no obligation quote you can compare to what you are working with now. I am one of the top rated lenders on this site and my endorsements speak for themselves. You can reach me at 866-979-3400 x-274. Joe Shamie

No they dont, however i have heard of several lenders taking advantage of borrowers in this situation. We here at the bank do not, and of the clients ive helped recently most have elected to choose the no cost closing option that doesnt increase your loan balance. Feel free to contact me at the bank to discuss. Thanks John

Hi Sawyer, it sounds like you are paying a point for a lower rate. Rates have recenetly inched up, but "No" you do not have to pay a 1% fee at all....rates are basically determined by your loan amount , credit score and LTV ... on the HARP, and of course you have to have owned and closed on your townhouse prior to May 31st 2009 with Freddie owning the note ......anyone of of us folks below would be happy to chat with you..... no obligations at all... good luck.

Steve, want to make sure you got mymessage to contact GMAC, Quicken does not handle Triad PMI...

Steve, Quicken does not allow Triad PMI, was told you should contact GMAC directly