what must be acquired by June 1, 2009. I already had a loan but was applying for a refinance that did not close until Nov. 2009.

I assume you are referring to the HARP program. One of the guidelines state the loan must have been closed before or one May 31, 2009 to be eligible.

I believe your referring to HARP refinance transactions where your loan must have been closed on or before May 31, 2009 to qualify.. however the necessity for HARP refinance options has pretty much go away since most home values have gone up. HARP allowed you to refinance even though you didn't have sufficient equity to satisfy the lenders Loan to Value requirements.. you basically could refinance without needing an appraisal, but as I said, you should have sufficient equity now to refinance. 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 NMLS# 226347