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is harp being discontinued in 2018

by evelyn.kolodzi158 from , California. Aug 14th 2018 Reply


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

Yes.. it's due to expire December 31st, 2018... however, it's been extended 3 times now.. so it's possible it might extend.. but in all reality, the program has outlived it's usefulness.. The reason for HARP was to allow borrowers who were underwater on their homes refinance without an appraisal or Loan to Value (LTV) requirements.. but since the overwhelming majority of homeowners have equity no vs. being underwater, then HARP is no longer required.. I'm a preferred Lender with California and Arizona being my primary markets. 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 NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

Aug 14th 2018
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Ralph Richard Guertin (ralph@absolutelowrates.com)
#58 ranked lender in Georgia - 807 contributions

Yes, Will is correct ...but i think it will get reinstated for another year as it makes the banks and government look good even though like Will said it has outlived it's usefulness, but it still could come in handy who bought at the peek...We lend in California, so reach out to us if you need help..

Aug 15th 2018
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