What can HARP3 do for me?

HARP is an acronym for Home Affordable Refinance Program. Since a lot of folks who have weathered the real estate storm, their values have tanked and with rates so low, they all wanted to refinance, but couldn't because they did not have the necessary equity to do so.. That's where HARP came in.. it's a program when folks who meet all the lending guidelines, but the value of the property is not sufficient. Under HARP, no appraisal is required for most borrowers, in turn eliminating the equity requirement.. This program has nothing to do with you or any First Time Home buyer.. Your getting bad info, and for this very reason, you should sit down with a local mortgage broker and apply with them.. they can look at your complete profile and let you know exactly which programs will work best for your particular scenario.. .. 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

HARP 3.0 does not exist and it cannot benefit a buyer even if it did exist. HARP, now affectionately called HARP 2.0, is only available for refinances on mortgages backed by Fannie Mae or Freddie Mac on or before 5/31/2009 One or all of your family, friends, or acquaintances may have benefited from the program, so good for them!

HARPHome Affordable Refinance Program, the program is for refinances ONLY

I may be being cynical but I've never seen HARP help anyone. Their loans are either to recent or they're not Fannie Freddie loans but some shady Countrywide (or someone else) private equity loan. I've seen it over and over. Harp is for people who have lost equity due to market depreciation and not because of refinancing over and over to go to Disney World and buy snowmobiles. Unfortunately....these days those are the people getting relief. It all really stinks if you ask me. As for you Corinne I would suggest an RD loan (rural, no money down, modest housing) OR an FHA loan (3.5% down).If I can be of help please call me.ThanksWill (207) 671-8292

Look for no-down rural property (USDA loan), or purchase with 3.5% down on FHA.

Harp is for refinances only dear. Your sweet. Give us a call anyway - how about that? ha ha Andrew

No HARP program can benefit you since they are for refinances only. FHA would be a great program for you and in the great state of Maine there are a few down payment assistance programs that are offered to help you if needed. Check out http://www.mainehousing.org/ and there is a list of local lenders who participate with them. Best wishes,