Harp 2 qualifications

Both owner occupied home loans, and investment home loans are eligible for HARP refinances, so it is easily possible to have more than one. With that said, generally speaking standard Fannie Mae and Freddie Mac rules limit the number of loans to ten. Most lenders have an overlay reducing what they will allow to just four. We will do up to ten, but in MN and WI only. www.Minneapolis-Mortgage.net

it really depends on investor guidelines.. HARP 2.0 does not limit the amount of properties, however the lenders might.. we do have a few that will unlimited number.... The best advice I can give you is to contact a LOCAL mortgage broker, not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. 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. 480-287-5714 WilliamAcres.com

Fannie Mae currently has guidelines limiting your financed properties to 10; you will find many banks will limit you to 4 financed properties and no more than 3 they hold themselves. While I haven't heard of a specific limitation to the HARP 2 program on the number of mortgages you hold, I suspect these guidelines above are what you'll find. Keep in mind that you still have to qualify for these refinances, and if you have several underwater mortgages, that may still affect your qualifying ability per the Automated Underwriting System. I would suggest you contact a local mortgage broker; they will have access to more banks to help process these for you through multiple lender sources. Look on the "Find a Lender" tab above to find someone in your area. Best of luck to you!

I CAN do upto 10 properties , a combination of primary, investements and , second homes.. I am a private money leader, same rates as every olne else, no points , only $895 fee for underwriting and your tiitle fees..

We allow up to 10 financed properties and lend in CA. Please call or email me if you would like more information 714-283-1045 x 2221 or paul@myinstantcapital.com.