Will government ever approve a non-fannie mae refinance program?

If you have an FHA loan, then you can refinance without loan to value issues.. and VA as well as USDA loans have options to where you can refinance without the appraisal.. if you don't have any of those loan products, and your underwater, then your only hope is HARP 3.0, (if it ever passes congress) or you'll have to wait till you have sufficient equity to refinance.. if you are not underwater, FHA allows for 97.75% loan to value refinance, and VA allows for 100% LTV, but you must have VA benefits to qualify.. I hope this helps.. 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

A few attempts were made for "HARP 3", but they were all dead on arrival - with very little chance of ever happening. www.HARP-Refinance-MN.com

Probably not.

Keep your head up for now! We are all waiting for HARP 3.0 to be implemented. So continue to stay on top of your finances and keep your credit rating high to ensure you get approved when the program comes out. There have been a few delays on the release of the program, so we continue to monitor the market and news pertaining to the release. Feel free to contact me and I will make sure to keep you updated any changes in the industry or release information regarding HARP 3.0. Jimmy Vu - American Financial Network - 949.287.4134 - jvu@afncorp.com

At this time, the answer is unfortunately no. We keep hoping that something will happen with a HARP 3, but as of right now if you are not currently FHA, VA or USDA there are no options. Keep making your payments on time and maybe the market will be kind to you next year and give you the equity you need. Best wishes,

All you can do is a regular conventional or fha loan . I can do Delaware loans.. 954 558 4430 www.firstfloridafin.com