What is the difference between HARP and DU Refi Plus?

They are terms used interchangeably... Only the mortgage industry will refer to DU Refi Plus or Open Access.. Most of the media will refer to them as HARP loans.. 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 is the generic term for the Home Affordable Refinance Program. DU Refi Plus is Fannie Mae's HARP program, whereas Freddie Mac has a similar program called Open Access. They are the HARP programs for each Government Sponsored Entity (GSE).

Good answer Chad!

Good and correct answer Chad

Chad is correct. However, your refinance options are dependent on whether Fannie or Freddie guarantee your loan. Each has similar guidelines, yet each are independently quirky.

Yes, Well answered!!

DU Refi Plus is the name given the Fannie Mae version of HARP