HARP 2.0 Government Refinance

Rate and Term (no cash-out) refinance of existing Fannie Mae owned loan delivered to Fannie Mae prior to June 1, 2009. In addition to DU/DO validating eligibility, Fannie Mae also provides a lookup tool to help identify eligible properties: http://loanlookup.fanniemae.com/loanlookup/

Owner Occupied, Second homes and Investment properties are permitted.

New loan must provide a benefit to the borrower in the form of a reduced P&I payment of at least 5% or more stable program (i.e. Arm to Fixed, Reduced Term, Taking out of Balloon or Interest Only)

A borrower may be removed or added from the new loan subject to additional requirements

In some cases NO Appraisal required!

Unlimited Loan-to-Value on Primary residences, 125% Loan-to-Value on 2nd Homes, 105% on Investment Properties

Must have no 30 day lates on the mortgage being refinance within past 6 months

Call us at 602.206.3144 with any questions.

*Fairway is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency.