Please, please - need help with qualifying for HARP 2.0
I refinanced in 2006 thru Quicken Loans . When I closed, the first was now with IndyMac and the Second with CitiMortgage. Ocwen financial has sinced taken over the first for servicing. Also, Ocwen Financial has since purchased Homeward Residential. Ocwen has been soliciting me for a refinance thru Harp 2.0 . My question is: Which company's guidelines will I have to adhere to in order to qualify for the Harp 2.0 mortgage. I know that all lenders have overlays, some more restrictive then others. Any ideas and thank you for all your help. by user56238104 from Smithfield, Rhode Island. Jun 17th 2014
Chris Gummerson (cgummerson11)
#397 ranked lender in California - 648 contributions
Who ever you apply with is who's conditions you will have to satisfy. Most should be relatively similar since this is a Fannie Mae/Freddie Mac loan and will be delivered to either of those agencies...
Steven Karp (stevek81)
#9 ranked lender in Rhode Island - 151 contributions
Hi, you seem well educated already, overlays !!! yes, pretty much on a FNMA/FHLMC Harp the guidelines are similar. Curious as to why you waited all of this time....Your best bet is always your current servicer. But you can always call any of us too, we all do HARP...good luck !!
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions
HARP has their guidelines, and each lender has their own guidelines.. so when you apply, you will have to meet both the lenders guidelines and HARP guidelines. 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
Robert Oliveira (roberto)
#13 ranked lender in Massachusetts - 90 contributions
Hi I am in Mass and RI and do the HARP loans so it depends on the lender and or bank you go with but I work with a lot of them so call me to discuss Robert Oliveira 508 802 0935 and email is robertoliveira51@gmail.com
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