HARP, or the Home Affordable Refinance Program, has let us refinance thousands of homeowners to lower interest rates. Nashville, it’s your turn. HARP loans were created as a federal program to give homeowners that have their loans through Freddie Mac and Fannie Mae the chance to get an affordable home loan, to keep them from losing their home. In Nashville, having Ryan Kelley, The Home Loan Expert refinance your HARP loan is easy, as we follow a system that we have polished over the years of extensive work to be the best in the industry.
The HARP Loan program started in March of 2009, created by the Federal Housing Finance Agency to assist underwater home owners and borrowers that are behind on their loans, and are in danger of being foreclosed upon. Families that were unable to get out from under the loans because of the plummeting home values caused by the housing market crash of 2007. This didn’t sit well with those who had stayed current on their loans, and made the payments on their homes, no matter the higher rates. This led to the December, 2011 implementation of HARP 2.0, which gave borrowers who WEREN’T in trouble on their loans an opportunity for lower loan rates. The requirements also lessened, allowing homeowners who owed more than 125% to refinance without Private Mortgage Insurance. The mortgage lender was now guaranteed to not be held for fraud on the original loan, which led to more lenders signing up for the program. More often than not, we close Music City HARP loans without even needing an appraisal at all.
When you apply for a HARP Loan, our Nashville team will go through your paperwork, work up your options, and get you the lowest rate available, every time. Apply for your Nashville HARP Loan at www.thehomeloanepxert.com today. Nobody makes it easier to refinance your home with HARP than The Home Loan Expert, Ryan Kelley.