My Mom has an outstanding HELOC loan:approx.$135,000. How can HARP refinancing assist in lower interests, lower payments, etc.???

Happy Saturday. The HARP is designed for certain 1st mortgages. I would be more than happy to review your mom's scenario. Thank youDick Lee508-277-9939

Unfortunately, HARP is only for 1st position loans, originated prior to June 2009 and currently owned by Fannie Mae or Freddie Mac.. Additionally, you are not allowed to combine a HELOC with a 1st with HARP.. However, most area's have see large improvements in valuation, so it's possible your mom has enough equity to refinance into a new 1st position fixed rate loan. 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 / RPM Mortgage NMLS 1541014 / AZMB0121893